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Tag Archives: treasury department

Treasury gets another $1.8 billion from GM stock

WASHINGTON — The Treasury Department says it has received another $1.8 billion in net proceeds from the sale of additional stock in General Motors. Treasury said the revenue received Thursday brought the total amount the government has earned from an ...

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FDIC says list of ‘problem’ banks grows in Q3

WASHINGTON — The number of banks on the Federal Deposit Insurance Corp.’s “problem” list grew over the summer, even as the industry posted solid net income and fewer loans soured. The number of troubled banks rose to 860 in the ...

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Nearly 50 percent leave Obama mortgage-aid program

WASHINGTON — Nearly half of the homeowners who enrolled in the Obama administration’s flagship mortgage-relief program have fallen out. A new report issued Friday by the Treasury Department said that approximately 630,000 people who had tried to get their monthly ...

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