Thursday, November 13, 2008

Treasury backs away from plan to buy bad assets

Treasury Secretary Henry Paulson on Wednesday said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a second round of capital injections into financial institutions that would match private funds.

read more | digg story

No comments:

12-24-2024

  Greenland tells Trump it is not for sale US consumer confidence drops unexpectedly to near-recession levels ahead of Trump's 2nd term ...