Latest from The Spokesman-Review

• Treasury: Financial bailout income at $35 billion

  December 10, 2010 in Nation/World The government’s heavily criticized $700 billion financial rescue program has earned nearly $35 billion in income over the past two years, according to data obtained by The Associated Press. 23

• Bert Caldwell: Costs high, benefits higher in saving Sterling

  September 5, 2010 in Business on Page E1 The successful recapitalization of Sterling Financial Corp. may well be the best economic news of 2010 for Spokane. Thanks in part to that “bailout” we all say we hate. 4

• Sterling Financial paying millions to new chairman

  August 31, 2010 in Business on Page A8 New Sterling Financial Corp. Chairman Les Biller was paid $1.5 million to accept the position, and will receive a total $4.5 million by Dec. 31, 2012, unless he resigns. Biller’s …

• Sterling turns the corner after cease-and-desist order

  August 29, 2010 in Business on Page E1 A new Sterling Financial Corp. management team did not know what would be expected of them in October 2009. Federal and state regulators had forced the board of directors to … 5

• Treasury accepts Sterling discount

  April 30, 2010 in Business on Page A12 The U.S. Treasury will accept a steep markdown of its investment in Sterling Financial Corp. as part of a recapitalization plan, the Spokane company announced Thursday. The markdown was a … 1

• Administration reduces bailout cost estimate

  April 23, 2010 in Business Treasury Secretary Timothy Geithner is telling Congress that the administration believes the final cost of the government’s heavily criticized financial bailout effort could be as low as $87 billion. 1

• March budget deficit declines to $65.4B

  April 12, 2010 in Business, Nation/World The budget deficit for March showed a dramatic decline as the Obama administration formally entered a lower ultimate cost for the government’s $700 billion financial bailout program.