Carlos Rolón said he is going back to his roots and is on a mission to make lives better for those back home. With every ...

The $700 billion "Troubled Asset Relief Program" (TARP) was enacted in Washington three years ago this week, and while most economists, policymakers and journalists still believe it made things better ...

Today, the Treasury Department announced the sale of its shares in Ally Financial (formerly the finance arm of General Motors) for $19.6 billion. This is the last vestige of the auto industry bailout ...

On Nov. 12, 2008, Treasury Secretary Hank Paulson announced a dramatic shift in the strategy to deal with the rolling financial crisis. Rather than use the $700 billion TARP funds to buy troubled ...

It isn't often that the government launches a major program that achieves its main goals at a tiny fraction of its estimated costs. That's the story of TARP — the Troubled Assets Relief Program.

Today the Senate Banking Committee will explore the Troubled Asset Relief Program (TARP). Almost 30 months after its birth, TARP is far from dead. More than 550 banks, AIG, GM, Chrysler and others ...

The Obama administration has been crowing lately about the repayments flowing in to the Troubled Asset Relief Program, and Thursday’s plan to end the bailout of American International Group was touted ...

Each day we were hearing about another large bank that was drowning in its toxic assets. These were often assets that were mortgage backed and were losing a substantial amount of value at an ...

The Obama administration this week will mark the second anniversary of the collapse of Lehman Brothers and the ensuing Wall Street meltdown with an ironic bit of bipartisanship: letters of thanks to ...

Update: What was first reported as a possible body found by a hiker in Castaic Wednesday afternoon has been confirmed to be ...

Deputies say someone told them 40-year-old Tuasha Flores Mejia was driving the missing man’s car. The car was found in her driveway, and the man’s body was found under a tarp in her yard. Mejia was ...