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AIG may actually be able to repay the government afterall?

November 10, 2009 – 10:48 am – No Comment
AIG may actually be able to repay the government afterall?

According to Moody’s Investors Service, AIG may actually be able to pay back its loans from the government. The company posted its second straight quarterly profit last week thanks to a recovery in the value of investments.
Moody’s said that as long as the operations of …

Major Trucking Company Will Not Apply for Bailouts

June 12, 2009 – 12:59 pm – No Comment
Major Trucking Company Will Not Apply for Bailouts

YRC Worldwide, Inc., a major trucking company that operates as both “Yellow Transportation” and “Roadway,” said that they planned on asking for $1 billion in bailout funds from the government, known as TARP (Troubled Asset Relief Program). Last month, YRC CEO Bill Zollars told the …