Extremely interesting information I read at NewsOne.com that I’d thought you’d want me to share with you. Â Carver Federal Savings Bank, the largest Black-run bank in the U.S. is the latest bank to be bailed out. Carver Federal Savings received a $55 million cash rescue from key investors including Citigroup, Goldman Sachs, Morgan Stanley. See […]
According to CNNMoney.com, U.S. taxpayers probably lost $1.3 billion in the government bailout of Chrysler. On the other hand, the bank bailout part of TARP is expected to turn a profit of $20 billion, making up for some of those losses. Read More:
