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Great Recession

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

money, money generic, cash

D.C. Council Raises Tax For Wealthiest Residents

After nearly three hours of angry debate, the D.C. Council voted Tuesday to raise income taxes for the district’s wealthiest residents, a last-minute move intended to soften the blow of a previously approved new tax on municipal bonds.

09/20/2011

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