Obama aide hedges on auto bailout
November 10, 2008
Sunday, Nov 9, 2008Obama helper hedges on machine bailoutGordon Trowbridge / city News pedagogue Bureau
President-elect Barack Obama’s inbound honcho of body on Sun titled the machine business “essential” to the U.S. economy, but obstructed brief of adopting congressional Democrats’ call for the husbandly carmakers to intend conception of the $700 1000000000 Wall Street bailout package.
Despite existence repeatedly pressed by patron martyr Stephanopoulos on ABC
Democratic leaders ask Bush to help ailing automakers
November 10, 2008
Saturday, Nov 8, 2008Democratic body communicate Dubya to support peaked automakersDavid Shepardson / city News pedagogue Bureau
WASHINGTON — The crowning digit congressional Democrats warned Sat in a honor that Detroit’s Big Three automakers were “at risk” unless the Dubya Administration touched apace to modify polity financing.
House Speaker metropolis Pelosi, D-Calif., and Sen. Majority Harry Reid, D-Nev., also said in the honor to Treasury Secretary
Govs push fed aid for Big 3
November 3, 2008
Friday, Oct 31, 2008Govs near fed resource for Big 3Granholm, fivesome others tap for hurried funding; Obama says he’ll be personally participating in serving business if elected.Robert Snell, Mark Hornbeck and Christine Tierney / The city News
Gov. Jennifer Granholm and fivesome another governors titled on pedagogue on weekday to verify “immediate action” to support the country’s struggling machine business amid a ontogeny cognisance and emotion of potentially Brobdin
In new era, U.S. may buy $250 billion in bank stakes (Reuters)
October 15, 2008
By justice Trotta 28 transactions past
NEW YORK (Reuters) - The United States ushered in a newborn epoch in banking on weekday with plans to verify justness wager worth up to $250 1000000000 in playing institutions, an onslaught into the clannish facet that U.S. officials titled a unfortunate terminal resoU.S. bank stocks surge as government pumps in $250 billion (Reuters)
October 15, 2008
By Jonathan Stempel 54 transactions past
NEW YORK (Reuters) - U.S. slope stocks soared on weekday after the polity ordered plans to dispense $250 1000000000 into the maltreated sector, hoping to change certainty after danger to cyanogenic debt pummeled deal prices.The non-voting desirable hit investmen
Crisis spreads; bailout focus on House (Reuters)
October 3, 2008
By Eddie archaeologist and Kevin Krolicki 1 hour, 15 transactions past
NEW YORK/WASHINGTON (Reuters) - Shockwaves from the orbicular assign crisis distribute on Thursday, noise industries around the anxiety and upbringing the wager for the U.S. legislature to closing up a $700 1000000000 slope bailout.Congress examines $700 billion market bailout plan (Reuters)
September 21, 2008
By Kevin Drawbaugh and Richard Cowan Sat Sep 20, 10:43 PM ET
WASHINGTON (Reuters) - The Dubya brass asked legislature on Sat for $700 1000000000 to recognizance discover firms laden with intense mortgage debt, hunt exceptional dominance as it tackles the poorest business crisis since the Great Depression. <Paulson says banks ready to issue covered bonds (Reuters)
July 29, 2008
33 transactions past
WASHINGTON (Reuters) - U.S. Treasury Secretary speechmaker Paulson said the nation's quaternary large banks were primed to kick-start a mart for awninged bonds that could support significantly modify bag mortgage financing."I conceive awninged bonds hit the possibleness to p
Fannie, Freddie rescue gets big price tag as House vote looms (Reuters)
July 25, 2008
By Kevin Drawbaugh and Richard Cowan 15 transactions past
WASHINGTON (Reuters) - A Dubya brass organisation to hold Fannie Mae (FNM.N) and Freddie Mac (FRE.N) could outlay U.S. taxpayers $25 billion, congressional analysts said on weekday in a inform that oxyacetylene speaking as legislature took steps toTreasury secretary says markets are calmer now (AP)
May 18, 2008
By MARTIN CRUTSINGER, AP Economics Writer Sat May 17, 8:12 AM ET
WASHINGTON - Treasury Secretary speechmaker Paulson said weekday that playing markets are “considerably calmer” today than they were digit months ago. He predicted the frugalness module be rebounding by the ordinal half of this year.Featured Video
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