Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (05/18/2009)
* WASHINGTON (5/19/09)--The Term Asset-Backed Securities Loan Facility could attract more demand next month, according to Federal Reserve Board Chairman Ben Bernanke (American Banker May 18). In a letter to Rep. Keith Ellison (D-Minn.), he said the Federal Reserve Bank of New York received $10.9 billion of loan requests under the program compared with $1.7 billion in April. Ellison had written Bernanke for information on how healthy the financial markets are regarding asset-backed securities and asked how the Fed could trust the triple-A ratings attached to the collateral under the facility. Bernanke said the market is improving ... * WASHINGTON (5/19/09)--Newsweek interviewed Treasury Secretary Timothy Geithner Monday at the National Press Club in Washington, D.C., about the economy and Troubled Asset Relief Program funds. Newsweek hosted the event live via Facebook. Roughly 950 individuals indicated via Facebook that they planned to watch the interview ...


RSS





print
News Now LiveWire
Maine credit unions put Food Mobile on the road to relieving hunger in rural areas http://t.co/R0xpt6BAZE
8 hours ago
.@TheNCUA's Matz: PALS should be exempt from Military Lending Act proposal #NewsNow http://t.co/Vy9uNhOIEr
8 hours ago
#NewsNow Iowa loan growth 3 times national bank rate http://t.co/fUvudPLg5d
11 hours ago
.@ICBA tallies its Home Depot data breach costs: $90M, 7.5M cards http://t.co/iJgRDC2AKZ
12 hours ago
.@icul's Jury elected treasurer of @WOCCU exec committee http://t.co/HEF1UChN8f
13 hours ago