 |
Treasury unveils plan to buy troubled assets •Giethners plan sparked a near 500 point rally on Monday •The plan will allow the government to take over bad mortgage securities with the help of private investors. •$100 billion from the TARP (bailout), private investments and loans from the FDIC and the Fed to generate $500 billion •The plan is projected to cost $1 trillion www.msnbc.msn.com US Seeks Expanded Power to Seize Firm •The Obama administration is considering asking Congress to give …
|
Views:
2290   92
ratings |
| Time: 06:51 |
More in News & Politics |
Source:U.S. Treasury Seeks More Power; China Calls for New Reserve Currency; AIG Returns Bonuses
Related posts:
0 Responses to “U.S. Treasury Seeks More Power; China Calls for New Reserve Currency; AIG Returns Bonuses”