When Congress passed the $700 billion bailout, the focus was on buying so-called "troubled assets" linked to sub-prime mortgages. Today, Treasury Secretary Henry Paulson said that's not the best use ...
Acting to avert a possible financial crisis worldwide, the Federal Reserve reversed course Tuesday and agreed to an $85 billion bailout that would give the government an ownership stake in troubled ...
The architects of the Bush Administration's financial bailout got a public grilling today from the Senate Banking Committee. Senators wanted to know why they're getting less than a week to give up ...
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