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	<title>Stock Blog Hub &#187; The Bank of New York Mellon Co</title>
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		<title>(BAC) Bank of America to De-TARP in Installments</title>
		<link>http://www.stockbloghub.com/2009/09/16/bac-bank-of-america-to-de-tarp-in-installments/15306</link>
		<comments>http://www.stockbloghub.com/2009/09/16/bac-bank-of-america-to-de-tarp-in-installments/15306#comments</comments>
		<pubDate>Wed, 16 Sep 2009 16:20:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Co]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Co]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15306</guid>
		<description><![CDATA[The Chief Financial Officer (CFO) of Bank of America Corporation (BAC) said Tuesday that the bank is expected to repay the bailout money it has received from the government in relation to its participation in the Troubled Asset Relief Program (TARP) in installments. The government is also pushing the bank to pay at least $500 million to conclude a tentative pact in which the government agreed to share losses on certain BofA assets. The installment payments would enable BofA to gradually reduce government involvement in its affairs. However, unlike the other banks, BofA does not intend to repay its entire $45 billion support from the TARP in lump sum, as it has faced mounting loan losses as more customers default. But it may start with the repayment of $20 billion, ]]></description>
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		<title>($BAC) Bank of America Plans to Repay Part of its TARP Loan</title>
		<link>http://www.stockbloghub.com/2009/09/01/bac-bank-of-america-plans-to-repay-part-of-its-tarp-loan/14033</link>
		<comments>http://www.stockbloghub.com/2009/09/01/bac-bank-of-america-plans-to-repay-part-of-its-tarp-loan/14033#comments</comments>
		<pubDate>Tue, 01 Sep 2009 16:59:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Co]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14033</guid>
		<description><![CDATA[Bank of America Corporation (BAC) intends to pay back some of the bailout money it has received from the government in its participation of the Troubled Asset Relief Program (TARP). The government is also pushing the bank to pay at least $500 million to conclude a tentative pact in which the government agreed to share losses on certain BofA assets. The completion of the payments would enable BofA to reduce a part of the government&#8217;s involvement in its affairs. Some of the large financial firms that have already repaid government fund are Morgan Stanley (MS), Bank of New York Mellon Corporation (BK), Goldman Sachs (GS), U.S. Bancorp (USB), American Express Company (AXP), BB&#38;T Corporation (BBT) and State Street Corporation (STT). The repayment of government money can be viewed as a ]]></description>
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		<title>(AIG) Moody&#8217;s Investors Service Confident About U.S. Credit</title>
		<link>http://www.stockbloghub.com/2009/08/31/aig-moodys-investors-service-confident-about-u-s-credit/13952</link>
		<comments>http://www.stockbloghub.com/2009/08/31/aig-moodys-investors-service-confident-about-u-s-credit/13952#comments</comments>
		<pubDate>Mon, 31 Aug 2009 21:04:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[American International Group,]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Co]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13952</guid>
		<description><![CDATA[Moody&#8217;s Investors Service on Friday affirmed its Aaa credit rating on the United States. The action considers the country’s ability to survive the credit crisis, its political stability and favorable long-term economic prospects. Though the rising debt burden could threaten the creditworthiness of the world&#8217;s largest economy, much of the debt the country is accumulating is backed by equity and securities purchases, which lessens the negative effect on the government&#8217;s net worth. According to the nonpartisan Congressional Budget Office, the U.S. government and the Federal Reserve have injected about $12 trillion to revive the economy and credit markets. As a result, the budget deficit is expected to reach $1.6 trillion this year and $1.4 trillion next year. In its mid-year economic review, the Office of Management and Budget increased its ]]></description>
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		<title>(GS) U.S. Treasury Profits from Bailed-Out Banks</title>
		<link>http://www.stockbloghub.com/2009/08/31/gs-u-s-treasury-profits-from-bailed-out-banks/13963</link>
		<comments>http://www.stockbloghub.com/2009/08/31/gs-u-s-treasury-profits-from-bailed-out-banks/13963#comments</comments>
		<pubDate>Mon, 31 Aug 2009 20:55:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Investment Brokerage - National]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[American International Group,]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[FNM]]></category>
		<category><![CDATA[FRE]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Co]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13963</guid>
		<description><![CDATA[The U.S. government has already retrieved about $4 billion in profits from 8 of the biggest banks that have fully repaid their obligations from the $700 billion Troubled Asset Relief Program (TARP). The government has recorded profits of about $1.4 billion from its investment in Goldman Sachs Group Inc. (GS), $1.3 billion from Morgan Stanley (MS) and $414 million from American Express Company (AXP). Furthermore, the government has also reaped profits in the range of $100 million to $334 million from its investments in each of the following five banks: Northern Trust Corporation (NTRS), The Bank of New York Mellon Corporation (BK), State Street Corp. (STT), US Bancorp (USB) and BB&#38;T Corp. (BBT). It also collected about $35 million in profits from 14 smaller banks that have paid back their ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(MS) Northern Trust Corporation Repurchases TARP Warrents</title>
		<link>http://www.stockbloghub.com/2009/08/27/ms-northern-trust-corporation-repurchases-tarp-warrents/13606</link>
		<comments>http://www.stockbloghub.com/2009/08/27/ms-northern-trust-corporation-repurchases-tarp-warrents/13606#comments</comments>
		<pubDate>Thu, 27 Aug 2009 19:06:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Investment Brokerage - National]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[Bb&t Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Co]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13606</guid>
		<description><![CDATA[Northern Trust Corp. (NTRS) on Wednesday declared that it has completed the final step to free itself from the government bailout program. The Chicago-based custody bank paid $87 million to repurchase stock warrants issued to the federal government as part of the Troubled Asset Relief Program (TARP). With this repurchase, Northern Trust has paid a total of nearly $1.71 billion to the Treasury under TARP. This includes repurchase of preferred stock issued to the government and preferred dividends. According to the bank, the total payments represent a 14% annualized return on investment to the US taxpayers. The $700 billion bailout program was launched by the federal government to help revive deteriorating credit markets during the height of the financial crisis. The government provided capital to institutions in exchange of preferred ]]></description>
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