bailout Archives - CFO

Boeing Raises $25B In Debt Offering, Says No Longer Needs Federal Aid

Boeing Raises $25B In Debt Offering, Says No Longer Needs Federal Aid

Said Boeing: "The robust demand for the offering reflects strong support for the long-term strength of Boeing and the aviation industry."

By Vincent Ryan | May 1, 2020

Could Warren Buffett Bailout The Airlines?

Credit & Capital

Could Warren Buffett Bailout The Airlines?

At the moment, Buffett and Berkshire Hathaway are losing money quickly on the airlines

By Vincent Ryan | March 19, 2020

Airlines Seek Sweeping Bailout

Airlines Seek Sweeping Bailout

If it happens, the request for loans, grants, and tax relief may come with strings attached.

By Vincent Ryan | March 17, 2020

Fannie Mae Takes $9.9B Hit From Tax Law

Fannie Mae Takes $9.9B Hit From Tax Law

The writedown will require the mortgage giant to seek a $3.7 billion cash infusion from the Treasury, its first draw since 2012.

By Matthew Heller | February 14, 2018

RBS Investors Propose Shareholder Committee

Risk & Compliance

RBS Investors Propose Shareholder Committee

Shareholder groups say the committee would “prevent poor stewardship” and avoid a repeat of mistakes that led to the bank's 2008 bailout.

By Matthew Heller | December 30, 2016

Fed Adopts Bank Bailout Prevention Rule

Risk & Compliance

Fed Adopts Bank Bailout Prevention Rule

The total loss-absorbing capacity rule is "one of the last critical safeguards that make up the core" of the Fed's post-financial crisis reforms.

By Matthew Heller | December 20, 2016

EU Backs Liquidity Guarantees for Italian Banks

EU Backs Liquidity Guarantees for Italian Banks

The liquidity support was approved under the EC’s 'extraordinary crisis rules for state aid to banks.'

By Matthew Heller | June 30, 2016

Rio Gets $849 Million Pre-Olympics Bailout

Rio Gets $849 Million Pre-Olympics Bailout

Brazil's federal goverment steps in after the state of Rio de Janeiro declares its finances are a "public calamity."

By Matthew Heller | June 22, 2016

IMF Sets Debt Relief as a Condition for Greek Bailout

IMF Sets Debt Relief as a Condition for Greek Bailout

The fund has been pushing for a restructuring as a condition of giving its support to Greece's latest bailout package.

By Matthew Heller | May 23, 2016

Angola Seeks Three-Year Aid Package From IMF

Global Business

Angola Seeks Three-Year Aid Package From IMF

Like other oil-producing countries, the OPEC member is struggling to plug the revenue gap caused by the oil price slump.

By Katie Kuehner-Hebert | April 6, 2016

IMF Changes Rules to Avoid Large Bailout Loans

IMF Changes Rules to Avoid Large Bailout Loans

The fund now has the option of short-term debt 're-profiling' for countries whose bailout needs exceed normal IMF borrowing levels.

By Matthew Heller | February 1, 2016

Failed Bank’s COO Gets 8 Years for TARP Fraud

Risk & Compliance

Failed Bank’s COO Gets 8 Years for TARP Fraud

Regulator says Ebrahim Shabudin was so "fixated" on protecting United Commercial Bank's reputation that he hid millions of dollars in losses.

By Matthew Heller | September 2, 2015

IMF Urges Debt Relief for Greece in Split With EU

Global Business

IMF Urges Debt Relief for Greece in Split With EU

An International Monetary Fund study criticizes the latest Greek bailout, calling for measures to restructure the country's "highly unsustainable" debt.

By Matthew Heller | July 16, 2015

Greek Banks Close As Debt Crisis Deepens

Global Business

Greek Banks Close As Debt Crisis Deepens

Prime minister announces referendum on new bailout deal as deadline for $1.7 billion debt payment looms.

By Katie Kuehner-Hebert | June 29, 2015

Greek Debt Default Looking More Likely

Global Business

Greek Debt Default Looking More Likely

Weekend talks break down after after Greece claims creditors’ representatives had no authority to negotiate a deal.

By Katie Kuehner-Hebert | June 15, 2015