Articles About Thawing Credit

Author:
Tom Silva
Posted:
11.21.2008

$700 Billion Financial Bailout Plan Still Evolving

Treasury Secretary Henry Paulson is sitting on $350 billion dollars of the taxpayers’ money, and can’t quite settle on the best way to spend it.  When approved by Congress in October, the $700 billion Troubled Assets Relief Program (TARP) bill’s purpose was to purchase bad mortgage assets that had frozen the credit markets. The Treasury Department […]

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