Government Announces New Loan Programs
To diminish the effect of a sluggish economy, the government announced two new programs today that it hopes will strengthen financial institutions and increase lending...
Henry Paulson
Paulson, Bernanke Defend TARP
Treasury Secretary Henry Paulson defended his management of the $700 billion economic bailout today to the House Financial Services Committee, whose members are questioning the...
Automakers to Plead Case for Bailout
Representatives from the Big Three automakers will appear before Congress this week to plead their case as to why they should be allowed to get...
Treasury Secretary: Portions of Bailout Plan Being Examined
Treasury Secretary Henry Paulson updated the nation today on the government’s plans to implement the $700 billion financial rescue program, saying that the Treasury has...
Treasury Department Recruits Firms to Buy Back Toxic Assets
After having plunged 875 points in two days, the Dow Jones Industrial Average only improved by 99 points by mid afternoon, despite a key rate...
Dewey Defeats Truman Redux
Apparently, somone on the McCain-Palin team is extremely clairvoyant — or extremely optimistic. Before the McCain campaign had even announced that Sen. John McCain would...