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European Commission approves Polish bank recapitalization scheme

European Union, Poland - December 24 2009 On Monday, the European Commission approved a Polish scheme "aimed at maintaining stability in the Polish financial sector by underwriting capital increases to eligible financial institutions."

Federal Open Market Committee issues statement from December meeting

USA - December 17 2009 Yesterday, the Federal Reserve's Federal Open Market Committee (FOMC) released a statement addressing the present state of the U.S. economy and prospects for changes in the Federal Reserve's open market activities.

House passes Wall Street Reform and Consumer Protection Act

USA - December 11 2009 This afternoon, the House of Representatives passed the Wall Street Reform and Consumer Protection Act by a 223-202 margin.

Amendments offered to Wall Street Reform and Consumer Protection Act of 2009

USA - December 8 2009 Yesterday, the House Committee on Rules released a list of amendments offered to H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009.

Bank of America to repay $45 billion in TARP funding

USA - December 3 2009 Yesterday, Bank of America Corporation issued a press release announcing that it will repay $45 billion in TARP investments made by the U.S. Treasury under the Capital Purchase Program and the Targeted Investment Program.