Sentences with phrase «federal bailout»

A "federal bailout" is when the government provides financial help and support to struggling companies or organizations. It involves using taxpayers' money to save these entities from potential bankruptcy or failure. Full definition
As the stimulus funds are trailing off, there is no assurance of any further federal bailout of public schools.
At the time, the move was largely seen as a strategy for accessing federal bailout money in the aftermath of the financial crisis.
There is little appetite for a straight - up federal bailout inside government or the industry.
In a letter to Congress on Tuesday, New York Attorney General Andrew Cuomo confirmed that AIG paid 73 employees bonuses of more than $ 1 million each this year after it received federal bailout money.
Hanushek suggests using stimulus funds to simply pay incompetent teachers to go away: He summarizes his plan for turning school budget cuts and more federal bailout funds into an opportunity to improve -LSB-...]
Today, the ethics panel charged her with breaking House rules by using her position to get federal bailout money for a bank with ties to her husband.
As the New York Times reports, the acquisition means that Sonnenschein will take on the $ 113 / hour contract (capped at $ 500,000 total) to advise on the recent $ 7 billion dollar federal bailout program.
While he hasn't disclosed all his finances, Lazio confirmed that in 2008 and 2009 - a period in which the firm accepted $ 25 billion in federal bailout money - he earned a total of $ 2.1 million in salary and bonuses.
«Although bankruptcy would be an imperfect solution to out - of - control state deficits, it's the best option we have, at least if we want to have any chance of avoiding massive federal bailouts of state governments,» Skeel recently wrote in The Weekly Standard.
It means saving a debt dynamic that must grow exponentially at the economy's expense, absorbing more and more federal bailout funds and hence crowding out the spending needed to revive the economy.
About the time of the General Motors and Chrysler federal bailouts, Ford received a $ 5.9 - billion U.S. Energy department loan instead as part of the agency's Advanced Technology Vehicles Manufacturing program.
via: International Herald Tribune Oil Shale, Tar Sands Dept of Interior Hearts Oil Shale: Has «Great Potential» Salazar Says Oil on Water: Shale Oil Industry Mixing It Up With Aid of Federal Bailout Package Economic, Environmental Costs of Developing Tar Sands & Oil Shale «Unthinkable»: WWF - UK
In this op - ed, Environmental Defense Fund's Dick Munson explains how FirstEnergy's federal bailout request poses a serious threat to competitive, clean energy, and why FirstEnergy's attempts to block the sun and stop the wind present an existential threat.
During that time, Paine and his crew captured the ups and downs of electric vehicles» development amid the Great Recession — when GM went bankrupt and its executives made the blunder of flying to Washington, D.C., in private jets to seek federal bailout money; when Tesla Motors almost missed payroll, having built only 100 cars and spent $ 100 million; and when Nissan chief Carlos Ghosn was grilled by the press about the $ 6 billion gamble he was taking on the Leaf.
There's no big bombshell in the report, which highlights — for example — the number of entities associated with the committee that received federal bailout cash from TARP (13), and the amount of campaign cash contributed from individuals and corporations involved in CSNY to Cuomo during the campaign ($ 1.8 million).
The DOE's wind report put the price tag for a national backbone at $ 60 billion — a staggering sum, at least until various federal bailouts started to come along last autumn after the stock market plummeted.
Merrill Lynch, AIG, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo Real Estate, and Alliance & Leicester were all expected to follow — with a US federal bailout announced the following day beginning with $ 85 billion to AIG.
Allowing Fannie and Freddie to buy larger loans now merely sets up a more expensive federal bailout down the road, as both of these entities themselves will likely need to be bailed out when the conforming ARMs they already insure go bad as well.»
Absent radical restructuring, a costly federal bailout seemed inevitable.
Although bankruptcy would be an imperfect solution to out - of - control state deficits, it's the best option we have, at least if we want to have any chance of avoiding massive federal bailouts of state governments...
Mr. Spitzer appeared to be drawing a contrast between his office's attempt to take on Mr. Grasso with Mr. Cuomo's issuing of a report last year detailing the bonuses that executives received at banks getting federal bailout money, which Mr. Spitzer called mere «information gathering.»
That city may be undergoing the largest municipal bankruptcy in U.S. history, but unlike when the big banks and giant financial outfits teetered at the edge of collapse, President Obama has made it clear that this time there will be no billion - dollar federal bailout.
A case in point is the Treasury Department's press release touting its decision to permit «10 of the largest U.S. financial institutions» to begin repaying $ 68 billion in federal bailout money.
Oil on Water: Shale Oil Industry Mixing It Up With Aid of Federal Bailout Package
This is the best thing Washington can do to help cash - strapped states and districts, particularly at a time when we don't expect any more federal bailouts.
And in an era of spectacular business crashes and federal bailouts, it still stands as a valuable cautionary tale that must be heeded.»
Some researchers warn a catastrophic cyber event triggering thousands of policy holders to file claims simultaneously could lead to insurers going bankrupt, like in 1992 after Hurricane Andrew, or require a federal bailout like in 2008.
But, Simon continues, «As such, facing a massive and immediate liquidity crisis, they would be in more need of a federal bailout than before the bankruptcy legislation was seriously mooted.»
That stellar performance was a remarkable feat considering the government - sponsored mortgage company was still repaying its federal bailout from the recession, only settling its tab in 2014 — and the stock's rise was mostly due to the fact that the shares had begun 2013 trading for mere pennies.
Instead, it is telling that many of people affected by the bankruptcy are looking for a federal bailout of the city.
In mid-December, it announced that it was considering applying for a federal bailout, then a few days later sacked its top executives.
The bank received over $ 12 million in a federal bailout.
Those cost risks, though, might boomerang should a province's debt become unsustainable and require a federal bailout, Drummond and others have warned.
He was so confident in the health of the AIG subsidiaries that, before the federal bailout, he was working on a plan to transfer $ 20 billion of their excess reserves to the parent company.»
As such, facing a massive and immediate liquidity crisis, they would be in more need of a federal bailout than before the bankruptcy legislation was seriously mooted.
The Tea Party surge in 2010 clarified that a federal bailout of Puerto Rico was politically untenable, and that the risk of default was very real.
-- That David Harmer of California received $ 160,000 in bonus and severance pay from a firm that got a federal bailout.
But I'm sure their irresponsible behavior will be rewared by the rest of the US taxpayers in the form of a federal bailout.
Opponents further defined the job as a Wall Street lobbyist and said that he took a $ 1.3 million bonus in 2008, during the federal bailout.
You've also missed the point of the story — that the entire state, including the republican governor and the entire republican delegation in the state capitol, is waiting with baited breath for the bailout since we're nearly $ 2b in the hole and the only way out anyway can see is federal bailout dollars.
And his columns for Slate, especially about the financial crisis and the federal bailout, were smart and fiery plutocrat - populist reminders of what had made Spitzer so good as state attorney general.
Critics of President Barack Obama's federal bailout of General Motors and Chrysler have been proven wrong, Biden said, noting the help has allowed both companies to rebound.
When George Sugihara reads about credit crises and federal bailouts, he is inclined to think about sardines — California sardines, to be precise.
Barring more big federal bailouts — which this year's election would seem to make ever less likely — school budgets are going to be strapped for years to come and cost - cutting, together with eking greater value out of the remaining dollars, is going to occupy the education - policy center ring.
When the economy turns south, school districts do not cut the fat but push for new revenue sources: more state aid, money from gamblers, fees for services, and now a federal bailout.
The ocean - hopping executive, whose two company headquarters are separated by 4,200 miles (6,759 km), wasn't expecting to be heckled by a protester here who decried the $ 14 billion federal bailout Chrysler received.
In the heated political climate surrounding government - subsidized green energy initiatives, the company was quick to point out the that ATVM loans were initiated and approved under the Bush administration, and were completely separate from the federal bailout of General Motors and Chrysler, as well as being the smallest of the ATVM loans granted, the others being Ford at $ 5.9 billion, Nissan at $ 1.4 billion, and Fisker at $ 529 million.
I have seen the highest sales in the industry and I have seen the corporate bankruptcies with the federal bailouts.

Phrases with «federal bailout»

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