New manager of government’s bank bailout program says he sees signs economy is on the mend

WASHINGTON — The new manager of the government’s $700 billion bank bailout program says he sees signs the economy is on the mend even though high unemployment and falling home prices remain a threat.

Senate confirms former head of Fannie Mae to oversee government’s $700B bank bailout program

WASHINGTON — Herbert Allison, the former head of troubled mortgage giant Fannie Mae, has been confirmed to oversee the government’s $700 billion bank bailout program.

Obama’s pick to oversee $700B bank bailout says more time is needed for program to work

WASHINGTON — President Barack Obama’s pick to oversee the $700 billion bank bailout program told Congress Thursday that more time is needed for the recovery plan to work.