Tag Archives: consumer credit


Obama’s Stimulus Package Approved by Senate

February 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – President Barack Obama’s $838 billion stimulus plan was approved by the U.S. Senate as part of a plan of action the Senate hopes will revive the collapsing US economy. $100 billion is to be alotted […]

Obama’s Treasury to Restrict Dividends, Executive Pay

January 13, 2009 : Permalink

New York (HedgeCo.Net) – Financial institutions that have received generous assistance from Congress may be forced to restrict executive compensation and their dividends, if Barack Obama and his new Treasury have their way. “Those receiving exceptional assistance will be subject […]

Hedge funds can now borrow from Fed

December 23, 2008 : Permalink

FierceFinance – The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables.  The Fed announced it will "offer low-cost three-year funding […]

Now, hedge funds to be bailed out

December 22, 2008 : Permalink

domain-B – Hedge funds will be allowed to borrow from the Federal Reserve for the first time under a landmark $200-billion programme intended to support consumer credit. The new programme is aimed at injecting credit for consumers and small businesses […]