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Alaska Pacific struggles through another tough quarter

...loss for the quarter was $470,000, or 72 cents per share, after the preferred stock dividends for the Troubled Asset Relief Program investment in the bank. Dividends for common shareholders have long been suspended. The bank also recently...
Alaska Pacific Bank sees improving profits calls.Loans made in the Lower 48 proved troublesome for the bank a few years ago and resulted in a Troubled Asset Relief Program bailout of the bank and increased regulatory scrutiny.In a statement filed with the Securities and Exchange...
Alaska Pacific Bank reports 1Q profit 1999, and was a recipient of the federal bank bailout effort, the only bank in Alaska needing one. The Troubled Asset Relief Program provided Alaska Pacific with $4.8 million in a deal finalized in the first quarter of 2009. The bank's...
Lift for markets from Spain rescue could be brief

...European neighbors. It is similar in concept to how the U.S. government shored up banks in 2008 with the Troubled Asset Relief Program, or TARP.Despite the turmoil in Europe, last week was the best of the year for U.S. stocks. The Standard...
Troubled bank sees slim quarterly profit

...Washington and Utah, though, faltered and left Alaska Pacific and other investors with big losses. Under the Troubled Asset Relief Program, the federal government purchased a $4.8 million interest in Alaska Pacific Bank earlier this year, the...
DC debt showdown doesn't faze Alaska investment managers

...consequences, I think they'd remedy it in a heartbeat," Burns said.He remembered back a few years to the Troubled Asset Relief Program, which failed narrowly in the House of Representatives. The stock market did a nosedive, and Congress quickly...
Outside editorial: Obama finally makes a move for the Gulf

...found the right person to oversee that fund, attorney Kenneth Feinberg, the "executive pay czar" for the Troubled Asset Relief Program. The president also successfully pressured BP into suspending its dividend payments, though that's something...
Let bank bailout expire

The following editorial first appeared in the Kansas City Star: The Troubled Asset Relief Program, approved during last fall's market meltdown, gave Washington authority to spend up to $700 billion to stabilize the financial...
Bailout rules could dampen business travel

...Protection and Corporate Responsibility Act, which would prevent any business that received money under the Troubled Asset Relief Program from paying for travel, meetings, gatherings, parties or conventions. "This could mean a huge hit to the...
What says the Constitution?

...everything from entitlement programs (Social Security, Medicare, unemployment benefits) to the economy (the Troubled Asset Relief Program, the American Recovery and Reinvestment Act, the Credit Card Act). We are not making an argument for or...


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