General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
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GM CEO says U.S. will make money on bailout (Reuters via Yahoo! News)
Treasury Secretary Timothy Geithner said on Wednesday that “fundamental reform” of the government’s role in the housing finance market is needed and it will be next year before proposals are ready for Congress.
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Geithner urges reform on housing finance market (Reuters via Yahoo! News)
Japan’s gangsters may remember 2010 as a banner year.
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Yakuza Gets Bailout for Its Four-Finger Economy: William Pesek (BusinessWeek)
