Results tagged “Treasury Deparment” from Dealbreaker

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Program Note: A New Episode Of "The Safecracker" (11ET/10CT)

Tim "The Safecracker" Geithner is going to be demonstrating his deft touch for opening vaults this morning and we will take you there via liveblog. As being well-prepared will help attenuate the degree to which you are blinded and blind-sided...

Buffett For Treasury Secretary

In a move which makes it difficult to determine if the government is emulating the Europeans or Warren Buffett (we like the Buffett angle much better) the government (we read this as "The Treasury") is poised to slup up preferred...

Treasury Offers Seller Financing

And you thought this particular tool was limited to poorly funded PE firms or drowning investment banks selling sludge to their own off-balance-sheet vehicles. Nope. The way the Wall Street Journal tells it: The joint ventures would enable the Treasury...

No Senior Debt Guarantee For Fannie and Freddie?
The Rescue Hound That Didnt Bark

Not only did the Treasury Department avoid a direct capital injection into Fannie Mae and Freddie Mac, it has also avoided making an explicit guarantee of the senior debt of the two mortgage companies. Many people expected that the government...