Tags: US | Bailout | Resignation

Financial Bailout Chief Announces Resignation

Wednesday, 22 Sep 2010 10:11 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON (AP) — Herb Allison, the head of the government's $700 billion financial bailout program, is resigning.

Allison says in a letter to his colleagues in the Treasury Department's Office of Financial Stability that they had accomplished a great deal.

He said that the bailout fund, known as the Troubled Asset Relief Program, has proven to be remarkably successful in achieving its goal of stabilizing the nation's financial system and laying the groundwork for an economic recovery.

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Study: Ebola Outbreak May Be Much Worse Than Reported

Wednesday, 22 Oct 2014 18:42 PM

There may be no way to predict how far the latest Ebola epidemic will go, a new study suggests. The news website Ozy rep . . .

Mark Steyn: Attacks Aimed at Canadian State, Not 'Senseless Violence'

Wednesday, 22 Oct 2014 18:30 PM

President Barack Obama and Canadian leaders are ignoring the facts when they downplay the recent attacks that killed two . . .

Mo Brooks: US Should Protect Its Northern Border

Wednesday, 22 Oct 2014 18:17 PM

The United States must be just as vigilant about protecting its northern border as it is on the Mexican border, says Rep . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved