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Monday, Nov 24
Morning Brief: Et tu, Citigroup?
Meanwhile, Treasury Secretary Henry Paulson is said to be considering tapping the remaining $350 billion in congressionally approved bailout funds and possibly even designing a new program to address foreclosures. And Democrats are now talking about a stimulus plan that could be as b...
Tuesday, Oct 21
Morning Brief: The road to recovery?
Meanwhile, Japan and France announced new bailout measures, and Pakistan and Iceland turned to the IMF for aid. The U.S. Treasury Department is said to be encouraging more mergers in the banking sector. Americas Asia Europe U.S. Treasury Secretary Henry Paulson speaks on China.
Thursday, Oct 16
Morning Brief: The bleeding goes on
Broader economic recovery will not happen right away," cautioned Federal Reserve Chairman Ben Bernanke in a closely watched speech in New York. McCain especially hammered Obama on "Joe the plumber," a voter and small business owner the Democratic nominee met in Ohio.
Thursday, Oct 9
Morning Brief: Time for Plan B?
One thing we must recognize: Even with the new Treasury authorities, some financial institutions will fail," cautioned Treasury Secretary Henry Paulson in comments alluding to the move. The news came as the U.S. Federal Reserve authorized hobbled insurance giant AIG to receive another...
Tuesday, Sep 30
Morning Brief: Time to bail out the bailout?
The bill, despite intense lobbying by President George W. Bush and Treasury Secretary Henry Paulson, lost on a 228-205 vote as rank-and-file members in each party -- primarily Republicans -- broke with their leadership to oppose it on ideological grounds.
Monday, Sep 29
Morning Brief: Congressional leaders agree to bailout plan
We sent a message to Wall Street - the party is over," declared House Speaker Nancy Pelosi. "If we don't pass it, we shouldn't be a Congress," added New Hampshire Republican Sen. Judd Gregg. Both John McCain and Barack Obama have offered tepid, carefully hedged support for the bailout plan.
