Hot Topics
Timothy Geithner
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Court OKs sale of U.S. government-backed A123 to Chinese firm
… Committee on Foreign Investment in the United States (CFIUS). Pressure has been building on Treasury Secretary Timothy Geithner , the head of the panel, to block the takeover. Chinese firms have been pouring cash into overseas investments …
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A123 Systems secures $50 million bankruptcy loan from Wanxiang
… Grassley expressed concerns about A123's financing deal with Wanxiang in a letter to U.S. Treasury Secretary Timothy Geithner . They pressed Geithner, who chairs the committee, "to protect U.S. military and taxpayer interests while reviewing …
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U.S. senators seek thorough review of Chinese bid for A123
WASHINGTON (Reuters) -- Two Republican senators asked U.S. Treasury Secretary Timothy Geithner for a thorough review of a Chinese company's plan to acquire bankrupt battery maker A123, saying military and taxpayer-funded …
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Ah, the good old days in France
… grumble about the U.S. government passively holding stock in General Motors. Imagine U.S. Treasury Secretary Timothy Geithner perusing GM's catalog of new global investments and saying, "OK, enough of that. Time to build some new car …
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U.S. Treasury expects GM shares to rise before it will sell
… Treasury's thinking said there had been no recent high-level conversations with GM about it. Treasury Secretary Timothy Geithner met or spoke with GM CEO Dan Akerson three times over five days in early March, according to records of Geithner …
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Win may be a loss for ex-Chrysler dealers
… terminate dealers to a directive from the federal Auto Task Force co-led by U.S. Department of Treasury Secretary Timothy Geithner , and claiming violations of federal laws against taking property without due process or just compensation. "Even …
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U.S. provides $5 billion in aid for parts suppliers
… the American auto industry during the difficult period of restructuring that lies ahead," said Treasury Secretary Timothy Geithner in a statement. Wilbur Ross, chairman of International Automotive Components Group, called the announced bailout …
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Obama: Taxpayers to recover auto industry bailout funds
… taxpayers will lose $24.3 billion on the bailout of GM, Chrysler and Ally Financial Inc. Treasury Secretary Timothy Geithner said this month he thinks that estimate will decline further. The new report issued today also said the prospect …
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Dealer-closure audit may signal focus of U.S. probe
… and GM restructuring plans submitted as a requirement of their loan agreements. Co-chaired by Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers, the Task Force has 21 members, including a number of ex …
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GM posts wider loss, burns through $5.2 billion in cash
… Wagoner, Young and other GM officials met for six hours today with the the task force, headed by Treasury Secretary Timothy Geithner and White House economic adviser Lawrence Summers. "We found a genuine willingness among the task force to understand …
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GM bondholders air concern about bankruptcy
… effort. The open letter to U.S. Treasury Secretary Timothy Geithner and other members of the U.S. autos task force ..... letter was addressed to U.S. Treasury Secretary Timothy Geithner , White House economic adviser Larry Summers and …
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GM seeks up to $16 billion more in U.S. assistance
… administration said over the weekend that it had changed course. Obama forms task force Instead, Treasury Secretary Timothy Geithner will serve as the designee. He also will co-chair with Obama's chief economics adviser, Larry Summers, a task …
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Senator: GM repaid federal loan with federal money
… yesterday that GM repaid its TARP loans in any meaningful way,” Grassley said in a letter to Treasury Secretary Timothy Geithner . “The taxpayers are still on the hook, and whether TARP funds are ultimately recovered depends entirely on the …
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Fiat takes majority control of Chrysler
… Treasury is unlikely to fully recover the difference of $1.3 billion," it said in a statement. Treasury Secretary Timothy Geithner said the administration bailout had enabled automakers to mount "one of the most improbable turnarounds in recent …
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Obama's Victory Lap (6/2/11)
… touting that jobs created since the auto bankruptcies. An op Ed piece in the Washington Post by Treasury Secretary Timothy Geithner . And by the radio address on the auto bailout. We faced an auto industry on the brink of extinction total collapse …
bankruptcies. An op Ed piece in the Washington Post by Treasury Secretary Timothy Geithner . And by the radio address on the auto bailout. We faced an auto industry on the brink of extinction total collapse. This -
Passat Price Falls $7K (5/26/11)
… Obama will visit Chrysler Jeep plant in Toledo Ohio next Friday June 3. Speaking to Politico Treasury Secretary Timothy Geithner that Obama will contend that a bailout of GM and Chrysler. Fundamentally changed both company. On Tuesday Christ …
in Toledo Ohio next Friday June 3. Speaking to Politico Treasury Secretary Timothy Geithner that Obama will contend that a bailout of GM and Chrysler. Fundamentally changed both company. On Tuesday Christ repaid its US and -
Chrysler's Pump Plan (4/29/11)
… yield double digit increases in fuel economy. He spoke to reporters Thursday after giving US Treasury Secretary Timothy Geithner a tour of a Chrysler and in Detroit. Here's what else is happening today. This his launch an investigation involving …
fuel economy. He spoke to reporters Thursday after giving US Treasury Secretary Timothy Geithner a tour of a Chrysler and in Detroit. Here's what else is happening today. This his launch an investigation involving nearly 900000. -
Chrysler's Pump Plan (4/29/11)
… yield double digit increases in fuel economy. He spoke to reporters Thursday after giving US Treasury Secretary Timothy Geithner a tour of a Chrysler and in Detroit. Here's what else is happening today. This his launch an investigation involving …
fuel economy. He spoke to reporters Thursday after giving US Treasury Secretary Timothy Geithner a tour of a Chrysler and in Detroit. Here's what else is happening today. This his launch an investigation involving nearly 900000. -
Marchionne says Chrysler debt repayment will boost image of automaker's brands
… reorganization in 2009. Geithner visit Chrysler's announcement came before a visit to Detroit by U.S. Treasury Secretary Timothy Geithner . He toured Chrysler's Jeep factory there but didn't speak to reporters at the assembly plant. The new debt …
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Chrysler's Big Payoff (4/28/11)
… released his first quarter earnings. The announcement comes on the same day that mark only US Treasury Secretary Timothy Geithner . Toured a Chrysler plant in Detroit. Detroit news reporting Geithner also meeting with leaders from General Motors …
comes on the same day that mark -- only US Treasury Secretary Timothy Geithner . Toured a Chrysler plant in Detroit. Detroit news reporting Geithner also meeting with leaders from General Motors Ford and other businesses to
