Sep 2 2010

Rep. Eddie Bernice Johnson Agrees to Repay Scholarship Money

Rep. Eddie Bernice Johnson (D-Texas), who said she “unknowingly” broke Congressional Black Caucus Foundation rules by awarding thousands of dollars in scholarship money to four relatives and a top aide’s two children, will repay the money, the New York Times reports. Members of the Black Caucus are given $10,000 every year to award scholarships. They [...]


Aug 23 2010

A.I.G. Leasing Unit Said to Repay U.S. $4 Billion

American International Group’s aircraft leasing unit International Lease Finance Corp. repaid nearly $4 billion of U.S. loans after raising new debt from investors, a source familiar with the matter told Reuters on Sunday. The repayment reduced the principal balance under a Federal Reserve Bank of New York loan to just over $15 billion, its lowest [...]


Aug 17 2010

Aegon Strikes Deal to Repay State Aid

Aegon, the Dutch insurer, said Tuesday that it had finally reached a deal with European Union regulators on repaying 2 billion euros ($2.56 billion) in support it received from the Dutch government at the height of the 2008 financial crisis. According to The Associated Press, Aegon said it will repay the money — “market conditions [...]