Posted by Reuters: Business News on January 26, 2012
WASHINGTON (Reuters) – Increasing taxes on the wealthy would bring fairness to U.S. taxpayers across the board, billionaire investor Warren Buffett said on Wednesday, backing the tax reform that President Barack Obama proposed in his State of the Union address.
Posted by Reuters: Business News on January 3, 2012
(Reuters) – Prosecutors accused three Swiss bankers on Tuesday of conspiring with wealthy U.S. taxpayers to hide more than $1.2 billion in assets from tax authorities, and sources briefed on the matter said the three worked for Wegelin & Co, one of Switzerland’s oldest private banks.
Posted by Reuters: Business News on June 5, 2011
ATHENS (Reuters) – Greece’s cabinet is about to consider an economic plan imposing yet more austerity on an angry population, as the price of a second bailout partly funded by European taxpayers who have yet to be told the final cost.
Posted by Reuters: Business News on May 4, 2011
WASHINGTON (Reuters) – Mortgage finance giant Freddie Mac on Wednesday said it lost just short of a billion dollars last quarter, though it did not ask taxpayers for more aid as the loss stemmed from interest payments to the government.
Posted by Reuters: Business News on April 28, 2011
SAN ANTONIO (Reuters) – General Motors Co Chief Executive Dan Akerson said the company has not been greatly affected by supply disruptions due to the March earthquake in Japan, and the company wants to repay U.S. taxpayers before making acquisitions or declaring a dividend.
Posted by Reuters: Business News on April 11, 2011
LONDON (Reuters) – Britain’s top banks should shield retail operations from riskier investment banking activities and boost capital levels to protect taxpayers from future crises, a government-commissioned report said.
Posted by Reuters: Business News on March 28, 2011
DUBLIN (Reuters) – Ireland’s government wants to impose losses on some senior bondholders in Irish lenders to reduce the burden on taxpayers from a prolonged banking crisis, a senior minister said on Sunday.
Posted by Reuters: Business News on January 13, 2011
WASHINGTON (Reuters) – The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout…
Posted by Reuters: Business News on November 2, 2010
WASHINGTON (Reuters) – Insurer American International Group will get up to $22 billion more in U.S. taxpayer funds in a restructuring that will pay off the Federal Reserve in full and allow taxpayers…
Posted by Reuters: Business News on October 28, 2010
DETROIT (Reuters) – In a series of moves that pave the way for an IPO and strengthen its finances, General Motors Co said on Thursday it would repay $2.1 billion to U.S. taxpayers and make early…
