Word: receiveed
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But dozens of large and small banks have already announced that they have received or expect to receive a capital infusion from the $700 billion bailout fund. Nearly a third of the fund has already been spent, and Treasury Secretary Henry Paulson said on Wednesday that he would like to...
Shares of Colonial had fallen as low as $1.44, plunging 46% in a week, on fears the firm wouldn't qualify for government assistance. On Thursday, though, the firm said it had applied to receive TARP funds. The company's shares rallied on the news to a recent $1.98. Colonial...
In any event, it's too late for Johanna Staples, a kindergarten teacher whose husband Dennis, a popular disc jockey in Toledo, Ohio, died of a reaction to tainted heparin in January, a day shy of his 60th birthday. She says she's still afraid. "There are so many variables...
Though the Financial Aid Office anticipates an increase in the number of families who request additional assistance this year, Donahue said the office will receive student appeals for mid-year reconsideration of financial aid packages, as has been done in the past.
Then there are the firms that are not traditional banks that are starting to line up for bailout funds. Earlier this week, American Express filed to change its status to a bank-holding company, which would allow the credit-card giant to apply for TARP funds. Analysts estimate that AmEx...