Feedback Form
21 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Bush to announce expanded bank bailout details

posted by Avatar odell 1319 days ago in USD, Fundamental, Consumer made popular 1318 days ago

The Bush administration plans to spend an initial $250 billion of the $700 billion bailout buying stock in private banks, greatly expanding protections for the U.S. financial system out of deep concern for the faltering economy, industry and government officials said Monday night. President Bush planned to announce the details Tuesday morning.
Log in to comment or register here.