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treasury department

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

Barack Obama and Bill Clinton (Photo by Alex Wong/Getty Images)

Opinion: We Are Better Off Than We Were Four Years Ago

Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!

09/06/2012

Treasury Gets $10.5B From Citigroup Share Sale

    WASHINGTON (AP) _ The Treasury Department says it raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock

07/01/2010