News Stories Related To: 700 billion bailout plan on track after last minute alarums, amendments
By: MarcusCato 
Based on an AP story dated September 28, the New York Times has reported that Congressional leaders and the Bush administration reached a tentative deal early Sunday on
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Reported by MarcusCato
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Contributed news stories
- Submitted By: MarcusCato | about 1 year agoThe plan calls for the Treasury Department to buy deeply distressed mortgage-backed securities and other bad debts held by banks and other investors. The money should help troubled lenders make new loans and keep credit lines open. The ...
- Submitted By: onlinebusinesswoman | about 1 year agoWould you consider voting for John McCain this November if he got rid of runningmate Sarah Palin?
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- News Source: The Hill | about 1 year agoThe Illinois senator said the bailout measure rejected in the House on Monday was a “marked improvement” over Treasury Secretary Henry Paulson’s original proposal. “Given the progress we have made, I believe we are unlikely to succeed if we...
- News Source: Times Online | about 1 year agoMarkets were relatively buoyant today compared with the widespread panic yesterday when London ended the day nearly 270 points lower and New York recorded its worst one-day points fall since Black Monday in 1987...In France, stocks were also trading...
- News Source: Washington Post | about 1 year agoHouse Democratic and Republican leaders vowed to go back into negotiations to devise compromise legislation to stabilize the credit markets, but no talks were scheduled. After U.S. financial markets closed, with the Dow Jones industrial average down...
- News Source: BDNews24 | about 1 year agoPresidential candidate Barack Obama said on Monday he believed Congress would ultimately pass a proposed $700 billion financial bailout deal, despite its initial rejection by the House of Representatives. "I'm confident that we're going to get there.
- News Source: NewKerala | about 1 year agoThe fate of the historic rescue plan hammered out after days of negotiations by the Bush administration and the leadership of both Republican and Democratic parties to prevent a widespread financial collapse was left hanging in the balance by the...
- News Source: NewKerala | about 1 year agoBush spoke at the White House Monday as America's fourth largest US bank Wachovia, became the latest victim of the credit crisis as the Federal Deposit Insurance Corp, which insures deposits at failed banks, arranging for the sale of its banking...
- News Source: Daily Egyptian | about 1 year agover the past two weeks, the country and much of the world has been gripped by the financial turmoil currently engulfing our economy, waiting to see what response lawmakers will take to calm the markets and restore confidence.
- News Source: Canada.com | about 1 year agoThe legislation failed by a vote of 228 to 205 in the House of Representatives, despite a flurry of last-minute phone calls to Republican members by Bush and Vice-President Dick Cheney...Leaders from both parties immediately said they would try again...
- News Source: The Scotsman | about 1 year agoHouse of Representatives yesterday, stocks were plummeting as tension mounted. In Congress, members shouted news of the plunging Dow Jones average as others crowded on the floor during the 40-minute call of the roll, as leaders on both sides...
- News Source: Simi Valley - Moorpark Examiner | about 1 year agoTreasury Secretary Henry Paulson says the administration will continue to work to win approval in Congress for a rescue package for the financial system. Paulson, speaking with reporters after a White House meeting, said that the administration was...
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