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Citigroup To Raise $20.5 Billion In Equity Sale : NPR

4 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast Citigroup To Raise $20.5 Billion In Equity Sale by The Associated Press text size A A A December 16, 2009 Citigroup Inc. said Wednesday it is ...

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Federal Reserve edges away from crisis measures

1 hour, 38 minutes ago ago from Washington Post - Business

The Federal Reserve said Wednesday that it will shut down some of the emergency triage measures it put in place at the height of the financial crisis but will leave interest rates near zero out of continuing concern about the weak U.S. economy. The decision reflects steady improvement in the functioning of financial markets. In recent months, the Fed's emergency programs to support money-market mutual funds, short-term corporate lending, ...

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Citigroup Sells Shares at $3.15, U.S. Delays Sale - FOXBusiness.com

5 hours ago ago from FOX Business

Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Media Wednesday, December 16, 2009 Citigroup Sells Shares at $3.15, U.S. Delays Sale   Reuters   Citigroup Inc is selling shares at $3.15 ...

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4 Big Mortgage Backers Swim in Ocean of Debt

1 hour, 24 minutes ago ago from The New York Times

Even as the biggest banks repay their government debt in what is being heralded as a successful rescue program, four troubled giants of the financial world remain on government life support. These companies, the American International Group , Fannie Mae , Freddie Mac and GMAC , are not only unable to repay the government, they are in need of continuing infusions that make them look increasingly like long-term wards of the ...

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Another $1 billion in small business credit vanishes

9 hours ago ago from CNN Money

Another $1 billion in small business credit vanishes By Catherine Clifford , staff reporter December 16, 2009: 4:25 PM ET NEW YORK (CNNMoney.com) -- The small business credit crunch is still deepening: Major banks cut their small business loan balances by another $1 billion in October, according to a Treasury report released late Tuesday. The 22 banks that got the most help from the Treasury's bailout programs have decreased their ...

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