The U.S. government will exchange up to $25 billion in emergency bailout money that it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises. ...more

February 28, 2009

NEW YORK (AP) - Several analysts expressed skepticism Friday that the Federal Reserve's decision allowing GMAC Financial Services to become a bank holding company would spur many more people to buy cars. ...more

December 28, 2008

Even after a crucial deadline came and went, the financing arm of General Motors Corp. remained silent Saturday on whether it cleared a final hurdle to become a bank holding company and gain access to billions in federal bailout money. ...more

December 28, 2008

Morgan Stanley and its gasoline distributor TransMontaigne Inc. are under investigation in Florida for price gouging during Hurricane Ike, state law enforcers said. ...more

December 10, 2008

No financial rescue cash will be handed out behind closed doors, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke promised Congress just a few weeks ago. ...more

November 15, 2008

Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more

October 14, 2008