Hank Paulson

Tarp runs out at last

Funds from the Troubled Asset Relief Program (Tarp) have finally been exhausted, following three months of capital injections and loan facilities extended to a variety of institutions.

US Treasury changes course on Tarp CIO

The US Treasury yesterday unveiled James Lambright as interim chief investment officer for the Troubled Asset Relief Program (Tarp), after changing its original decision to appoint undersecretary Reuben Jeffery.

O Brothers, where art thou?

The bankruptcy of Lehman Brothers, coming on the back of the conservatorship of Fannie Mae and Freddie Mac, sent market participants rushing to compute their exposures and replace affected hedges. How did the market bear up? By Peter Madigan and Nick…

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