October 14, 2008
U.S. Will Invest $250 Billion in Banks
The Treasury Department, in its boldest move yet, plans to invest up to $250 billion in banks, The New York Times reported. President Bush announced the measure on Tuesday morning after a harrowing week in which confidence in financial markets vanished.
NYT: Dealbook
CLusterstock: Treasury Seizing Stakes In Nine Big Banks
MR: The Deal
Bloomberg says none of the banks were given a choice.
Is this even constitutional?
Posted 09:01 AM | Comments (0)
October 12, 2008
Bailout Stream of News
Posted 10:51 PM
October 10, 2008
NYT on Buffett
Buffett made $8 billion from August 29 to October 1
Posted 10:03 PM