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PNC’s Bailout Warrants May Fetch $253 Million (New York Times) The government's warrants for the PNC Financial Services Group, acquired in the banking bailout, may raise $253.3 million for taxpayers if they go up for auction, according to Pluris Valuation Advisors.
PNC’s Bailout Warrants May Be Worth $253.3 Million (Update1) (Bloomberg)
Feb. 8 (Bloomberg) -- PNC Financial Services Group Inc. warrants held by the U.S. bailout program may raise $253.3 million for taxpayers if the government auctions the securities, according to Pluris Valuation Advisors LLC.
PNC’s Bailout Warrants May Be Worth $253.3 Million (Update1) (BusinessWeek)
PNC Financial Services Group Inc. warrants held by the U.S. bailout program may raise $253.3 million for taxpayers if the government auctions the securities, according to Pluris Valuation Advisors LLC.
Allies use suspect bank bailout to undermine Yudhoyono (Sydney Morning Herald)
JAKARTA: The two biggest coalition partners of the Indonesian President, Susilo Bambang Yudhoyono, have delivered highly critical assessments of the bailout of a collapsed bank, signalling the President's political support is fracturing.
Ontario to bailout Nortel pensioners (The Sudbury Star)
OTTAWA -- Ontario finance minister Dwight Duncan is expected to announce a bailout package for Nortel pensioners. The Ontario Government will pay into the Pension Benefits Guarantee Fund (PBGF) so that Nortel pensioners will receive up to $1,000 per month.[...]
Ontario to bailout Nortel pensioners (CNews)
Ontario Finance Minister Dwight Duncan is expected to announce a bailout package for Nortel pensioners.
High speed pursuit ends in bailout on County Road 440 Friday (Alice Echo-News Journal)
A pursuit on County Road 440 on Friday resulted in a bailout as the driver of a Chevrolet Tahoe plowed into a gate and made a getaway, along with his passengers, county officials said.
St. Vincent's Gets Another Bailout, Still Shaky (The Epoch Times)
St. Vincent's Hospital in West Manhattan may need a second bailout from the state, otherwise it may be closed down.
DEXIA ANNOUNCES SELL-OFF DEAL TO ASSUAGE EU OVER BAILOUT (The Tocqueville Connection)
BRUSSELS, Feb 5, 2010 (AFP) - Franco-Belgian bank Dexia, rescued by a major bailout during the 2008 crisis, has agreed to slash its operations by over a third over the next four years in order to get EU approval for the public aid.
Bailout recipient Lincoln National earns $102 million, turning around 4th-qtr loss (Minneapolis-St. Paul Star Tribune)
PHILADELPHIA - Life insurer Lincoln National Corp. said Monday that it earned $102 million in its fiscal fourth quarter, compared with a loss of $506 million a year earlier, but it lost $519 million for the year.
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