Treasury Sells Remaining AIG Shares, Profiting From Bailout
The Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the government’s 50-month shotgun financial tryst with the global insurer.
AIG Stock Sale Could Trigger Federal Regulation
American International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government.
SEC’s Plaze Defends Need for Money-Market Fund Reforms
Money-market fund reform “is one of the areas of unfinished businesses” leftover from the 2008 financial crisis, Robert PLaze told mutual fund directors at their annual policy conference.
GOP House Will Attempt to Rein in Health Care, Dodd-Frank
The Republicans' victory in the midterm elections on Nov. 2 means that they will do their best to repeal health care reform and loosen the reins of regulation.
Election 2010: GOP Wins House, but Major Reforms to Dodd-Frank, Health Care Unlikely
The Republicans' victory in taking over the House on Tuesday means that they will do their best to reform health care and loosen the reins of regulation by the Dodd-Frank Act, but Democrats maintained control in the Senate, which will make it difficult for anything to get done.