BJP govt begins exercise to bail out Yeddy

In a move seen as an attempt to
bail out former chief minister B S Yeddyurappa, the BJP government decided to seek "clarifications" from
Lokayukta.

Blackmoney: SC threatens to bail out Hasan Ali

Irked by the absence of any senior central law officer during the hearing of ED plea to cancel Hasan Ali Khan`s bail in a money
laundering case, the Supreme Court threatened to vacate its stay on his bail.

AI seeks Rs 5,000 cr equity, promises to cut fleet-size

Air India is seeking an additional
equity of Rs 5,000 crore from the government as it promises to
squeeze its fleet size and reduce the wage bill of its
31,000-strong workforce.

AIG to disburse $12 mn in delayed exec payments

AIG, the insurer that received a huge government bail out, said on Friday it is paying USD 12.1 million in retention awards to some top executives after US pay czar Kenneth Feinberg gave it the green light.

Some bailed-out firms spent less lobbying in 3Q

As Congress intensified its work rewriting the nation`s financial rule book over the last three months, some big recipients of the government`s USD 700 billion bailout spent a bit less trying to influence legislators.

Many bailed out US firms see steep stock mkt losses

Billions of dollars of taxpayers` money may have bolstered Wall Street giants in fighting the financial turmoil but stocks of many such entities like Citigroup have plunged 75 percent in just one year.