Master of the Universe, Henry Paulson says he knows how to fix the financial crisis now facing the USA. I wonder if he does? Or is it a "bailout" of his buddies on Wall Street? I guess we will know soon enough...
opinion by merlingraycat | 4 years ago | updated 4 years ago 201 views | 2 recommendations | 2 comments
Opinion: OECD warns Britain too corrupt for investors: The IMF should think very carefully about bailing out developed countries in this financial crisis. The facts behind the crisis - the greed, the housing...
Following yesterday's announcement that the UK will start investing in banks to shore up consumer and bank confidence, the US appears to be set to do the same thing. Part of the motivation behind this is, rather...
created by Dave Keating | 4 years ago | updated 4 years ago 113 views | 0 recommendations | 0 comments
"What is clear, Davidson says, is that spending $700 billion will help. "But it's also very clear that the plan we've been hearing all about, the Paulson plan, has a lot of problems. There are a lot of things that...
Follow the article link for a link to the bill text, plus links to 11 blog articles commenting on DeFazio's more sensible, public-interest focused alternative to the Wall Street Stickup bill that the Republocrats will be trying to push through Friday, Oct 3. Call, fax, email...
" Daily Article by Robert P. Murphy | Posted on 9/30/2008 Henry Merritt "Hank" Paulson, Jr. A.K.A. "The Treasurer" The Paulson bailout failed in the House. If it isn't a death blow to the plan, it...
created by BallyZACA | 4 years ago | updated 4 years ago 169 views | 2 recommendations | 2 comments
AS THE Senate discusses the Bill, US Share prices are down sharply as the market's nerves get the jitters ahead of the vote. The Dow Jones ended at a dismal -348 down. As well as the fears it may...
There has been talk of fresh attempts to get bail out package approved by US House of Representatives after being defeated. This happened despite urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive...
created by Sanjay Jha | 4 years ago | updated 4 years ago 124 views | 2 recommendations | 1 comment
Now Economist acted positively ,and bad politics and leadership is created more problem.And finally the congres agreed to once again to vote for bailout package let see thos time......" By David Lawder and Patrick Rucker -...
"I’ve been thinking a lot about how this economic downturn (or if you’re in the media and you want to scare everyone, we can call it a CRISIS or a CRASH!) will effect the way we act as regular, everyday...
opinion by davidpm | 4 years ago | updated 4 years ago 285 views | 38 recommendations | 8 comments
"NEW YORK (Fortune) -- In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of...
Sept-29 Monday Top 3 points Of US Bank Bail-Out Plan Allows the government to purchase troubled assets from pension plans, local governments, and small banks that serve low- and middle-income families Cuts the...
created by SOLARLIFE | 4 years ago | updated 4 years ago 303 views | 2 recommendations | 2 comments
" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...
Alabama Senator Richard Shelby came out of the meeting and said there is NO Deal. He also raised his hand holding 5 pages of copy that related that this plan wont work. He related to reporters that...
created by Albert Milliron | 4 years ago | updated 4 years ago 576 views | 77 recommendations | 25 comments
"Here was Schieffer speaking with the Early Show's Maggie Rodriguez at 7:05 AM EDT today: BOB SCHIEFFER: I am told, Maggie, that the way McCain got involved in this in the first place, the Treasury Secretary was briefing Republicans in the House yesterday, the Republican...