U.S. planning to buy bank stocks

Home > Rss Directory > Business > CNN > U.S. planning to buy bank stocks

U.S. planning to buy bank stocks more»»
Treasury Secretary Henry Paulson said on Friday that the U.S. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by Congress to stabilize the financial system.

Sat Oct 11, 2008

Home > Rss Directory > Business > CNN


Sponsored Links

Rss - Latest News

Dow plunges below 8,000 - 1st time since '03 more»»
Stocks fell hard on Wednesday, with the Dow closing below 8,000 for the first time since March 2003, as ongoing anxiety about the economy and uncertainty about the future of the auto industry weighed on the market.

Dollar down against major currencies more»»
The dollar lost ground against major currencies Wednesday as stocks fell hard and reports showed an economy in contraction.

U.S. tries new tack on housing more»»
The Bush administration said Wednesday that it was changing its nearly-moribund mortgage rescue plan in an effort to spark more lenders and homeowners to participate.

More trouble for auto bailout more»»
Auto industry executives were back on Capitol Hill Wednesday to ask for a federal bailout but they once again faced an uphill battle in winning the necessary support from Congress for a $25 billion loan package.

Boeing cuts 800 Kansas jobs more»»
Read full story for latest details.