The US Fannie Mae and Freddie Mac slump ...
Colombia's Uribe calls for vote ... Treasury has presented to Congress the details of the government's package to bail out the US financial sector.
Earlier, President George W. Bush defended the rescue plan aimed at ending the country's worst financial crisis since the Great Depression. He said the cost to taxpayers to shore up shaky markets was better than the alternative of massive job losses and devastated retirement accounts. The government is seeking the authority to issue up to 700 billion dollars in Treasury securities to purchase troubled mortgage-backed assets.
(Deutsche Welle)
more info >>
<< Back