Dow Plunges Below 9,000 After Paulson Commented On Directly Buying Stakes In Banks
Posted on October 09, 2008 at 20:30 PM EDT
The U.S. Treasury Secretary Henry Paulson made the news today as he commented on the possible options the Treasury might pursue in hopes of easing the credit crunch. The $700 billion dollar bailout plan passed by Congress a few days ago gives the Treasury authority to help out the financial institutions in various ways, not [...]
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