U.s.,troubled Videos
Video: Geithner Says Major Banks Would Have Failed Without Aid: Video
from Bloomberg on December 04, 2009
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Dec. 4 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner talks with Bloomberg's Al Hunt about the whether large U.S. banks would have survived without government aid. Geithner also discusses the outlook for the U.S. labor market and economic growth. (This is an excerpt of the full interview to air this weekend on "Political Capital With Al Hunt." Source: Bloomberg)
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Video: Boehner Calls for TARP to Be Used to Cut Budget Deficit: Video
from Bloomberg on December 04, 2009
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Dec. 4 (Bloomberg) -- House Minority Leader John Boehner talks with Peter Cook about the use of funds from the Troubled Asset Relief Program. Beohner, an Ohio Republican, criticized plans by House Democrats to use some of the unspent money from TARP to finance new job-creation programs. Boehner also discusses the prospects for a financial-transactions tax. (Source: Bloomberg)
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Video: Finger Says BofA TARP Repayment `Negative' for Investors: Video
from Bloomberg on December 03, 2009
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Dec. 3 (Bloomberg) -- Jonathan Finger, managing director at Finger Interests Number One Ltd., talks with Bloomberg's Betty Liu about Bank of America Corp.'s plan to repay $45 billion of U.S. government bailout funds. Finger's family, which controls more than 1 million shares of Bank of America, helped lead a shareholder revolt that stripped Chief Executive Officer Kenneth Lewis of the chairman’s title in April. (Source: (Source: Bloomberg)
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Video: Miller Says BofA TARP Repayment Removes `Overhang': Video
from Bloomberg on December 03, 2009
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Dec. 3 (Bloomberg) -- Paul Miller, an analyst at FBR Capital Markets, talks with Bloomberg's Betty Liu about Bank of America Corp.'s decision to pay back $45 billion of U.S. government bailout funds. Miller today raised his rating on Bank of America to "outperform" from "market perform." (Source: Bloomberg)
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Video: Geduld Says BofA TARP Repayment Shows Resilience: Video
from Bloomberg on December 03, 2009
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Dec. 3 (Bloomberg) -- Buzzy Geduld, chief executive officer of Cougar Trading, talks with Bloomberg's Jon Erlichman and Deirdre Bolton about Bank of America Corp.'s plan to repay its $45 billion of U.S. government bailout funds. The nation's biggest lender will repay the Troubled Asset Relief Program using $26.2 billion of “excess liquidity” and $18.8 billion from the sale of securities, according to a statement. Geduld owns 2.5 million Bank of America shares. (Source: Bloomberg)
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Video: Cohan Says BofA Needs `New Blood' to Assume CEO Post: Video
from Bloomberg on December 03, 2009
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Dec. 3 (Bloomberg) -- William Cohan, author of "House of Cards" and a Bloomberg Television contributing editor, talks with Bloomberg's Deirdre Bolton and Jon Erlichman about Bank of America Corp.'s plan to repay its $45 billion of U.S. government bailout funds. The nation's biggest lender will repay the Troubled Asset Relief Program using $26.2 billion of "excess liquidity" and $18.8 billion from the sale of securities, according to a statement. (This report is an excerpt. Source: Bloomberg)
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Video: Ely Says BofA Still `Well Capitalized' After TARP Repay: Video
from Bloomberg on December 02, 2009
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Dec. 2 (Bloomberg) -- Bert Ely, chief executive officer of Bert Ely & Co. talks with Bloomberg's Pimm Fox about Bank of America Corp's plan to repay all of its $45 billion of government bailout funds. The lender plans to repay the Troubled Asset Relief Program using $26.2 billion of "excess liquidity" and $18.8 billion through securities sales, according to a statement today from the company. (Source: Bloomberg)
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Video: Elliott Says Financial Overhaul Won't Pass Until 2010: Video
from Bloomberg on December 02, 2009
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Dec. 2 (Bloomberg) -- Douglas Elliott, a fellow at the Brookings Institution in Washington and a former investment banker, talks with Bloomberg's Lori Rothman and Mark Crumpton about the outlook for financial regulation overhaul. U.S. Treasury Secretary Timothy Geithner said today he sees a “good chance” that Congress will pass a financial regulatory overhaul bill and urged lawmakers to act quickly. (Source: Bloomberg)
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Video: Meyers Says Henderson's Exit May Lead to Instability: Video
from Bloomberg on December 02, 2009
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Dec. 2 (Bloomberg) -- Gerald Meyers, professor at the University of Michigan and former chief executive officer of American Motors Corp., talks with Bloomberg's Deirdre Bolton and Erik Schatzker about Fritz Henderson's resignation yesterday as chief executive officer of General Motors Co. Henderson resigned after the company's board, at a 100-day review, concluded he hadn't done enough to fix the biggest U.S. automaker since the company emerged from bankruptcy, people familiar said. Chairman Ed Whitacre has assumed the CEO post on an interim basis. (Source: Bloomberg)
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Video: Ariel's Tyler Discusses Bank Closures, Market Strategy: Video
from Bloomberg on November 24, 2009
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Nov. 24 (Bloomberg) -- Jason Tyler, senior vice president of portfolio management at Ariel Investments LLC, talks with Bloomberg's Peter Cook about Federal Deposit Insurance Corp. Chairman Sheila Bair's remarks on the state of the banking industry and the outlook for more bank failures. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: DeMint Has `No Confidence' in Geithner's Policies: Video
from Bloomberg on November 19, 2009
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Nov. 19 (Bloomberg) -- U.S. Senator James DeMint, a Republican from South Carolina, talks with Bloomberg's Julie Hyman about the job performance of Treasury Secretary Timothy Geithner and the impact of the Obama administration on the U.S. economy. (Source: Bloomberg)
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Video: MFS Investment's Pozen Discusses U.S. Banking Industry: Video
from Bloomberg on November 17, 2009
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Nov. 17 (Bloomberg) -- Robert Pozen, chairman of MFS Investment Management, talks with Bloomberg's Pimm Fox about the U.S. banking industry. (Source: Bloomberg)
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Video: GM's Henderson Discusses Liquidity, U.S. Auto Market: Video
from Bloomberg on November 16, 2009
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Nov. 16 (Bloomberg) -- Fritz Henderson, chief executive officer of General Motors Co., comments on the company's liquidity position and outlook for the U.S. auto market. GM said it lost $1.15 billion in the third quarter after its July 10 exit from a U.S.-backed restructuring. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: Henderson Says GM `Comfortable' to Start Repaying Loans: Video
from Bloomberg on November 16, 2009
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Nov. 16 (Bloomberg) -- Fritz Henderson, chief executive officer of General Motors Co., talks with Bloomberg's Greg Miles about the company's liquidity position and financial outlook. GM said it lost $1.15 billion in the third quarter after its July 10 exit from a U.S.-backed restructuring. The automaker said its operations generated $3.3 billion in cash and ended September with $42.6 billion on hand. Repayment of U.S. and Canadian government loans will start this quarter. (Source: Bloomberg)
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Video: Steven Rattner Discusses GM's Leadership Change: Video
from Bloomberg on November 13, 2009
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Nov. 13 (Bloomberg) -- Steven Rattner, former head of the U.S. government's auto task force, speaks at the Bloomberg Washington Summit about replacing the chief executive officer at General Motors Co. Fritz Henderson was named GM's CEO in March after the auto task force told former chief Rick Wagoner to step aside. (Source: Bloomberg)
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Video: Neil Barofsky Discusses TARP Transparency, Fraud Probes: Video
from Bloomberg on November 13, 2009
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Nov. 13 (Bloomberg) -- Neil Barofsky, the U.S. Troubled Asset Relief Program's special inspector-general, talks with Bloomberg's Matt Winkler about investigations into possible fraud and the importance of TARP transparency.¶ Barofsky spoke yesterday at the Bloomberg Washington Summit. (This is an excerpt of the full event. Source: Bloomberg)
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Video: Dodd Discusses Financial Regulation Overhaul Efforts: Video
from Bloomberg on November 11, 2009
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Nov. 11 (Bloomberg) -- U.S. Senator Christopher Dodd, a Connecticut Democrat and chairman of the Senate Banking Committee, talks with Bloomberg's Peter Cook about his proposal to overhaul financial regulation, including a measure to strip the Federal Reserve of some of its authority. Dodd is seeking new agencies to protect consumers in financial transactions and identify systemic risks posed by large firms. (This report is an excerpt. Source: Bloomberg)
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Video: Hodgson Says Wall Street Ignoring Calls to Limit Bonuses: Video
from Bloomberg on November 09, 2009
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Nov. 9 (Bloomberg) -- Paul Hodgson, a senior research associate on compensation at the Corporate Library, talks with Bloomberg's Lori Rothman and Mark Crumpton about Wall Street bonuses. Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.’s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year. (Source: Bloomberg)
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Video: Brynjolfsson Discusses Fed Policy, Unemployment Rate: Video
from Bloomberg on November 06, 2009
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Nov. 6 (Bloomberg) -- John Brynjolfsson, chief investment officer of Armored Wolf LLC, talks with Bloomberg Television about the outlook for Federal Reserve monetary policy after the U.S. unemployment rate soared to a 26-year high of 10.2 percent. (This report is an excerpt. Source: Bloomberg)
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Video: Rogers Says U.S. Dollar Rally Will Last for `A While': Video
from Bloomberg on October 28, 2009
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Oct. 28 (Bloomberg) -- Bloomberg's Monica Bertran reports on comments made by Jim Rogers, chairman of Singapore-based Rogers Holdings, on the outlook for the U.S. dollar. Rogers, speaking from Singapore, says a rally in the U.S. dollar may last for "a while" as equity and commodities markets decline. He also discusses his strategy for investing in U.S. Treasuries. (This report is an excerpt of the full interview. Source: Bloomberg)
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