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Struggling to contain the worst financial crisis in seven decades, the Obama administration wants to buy billions of dollars of toxic assets from banks to ease borrowing for consumers and businesses. ...more
March 22, 2009
Treasury Secretary Timothy Geithner could announce as soon as Monday his much-anticipated plan to get toxic assets off the books of the country's struggling banks, administration and industry officials said. ...more
March 21, 2009
The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans' bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. banks and thrifts. ...more
March 5, 2009
The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. ...more
October 2, 2008
Does the president of the board have the right to approve patios and screened rooms being built on common ground without a discussion of, or approval by, the board of directors? ...more
September 25, 2008
Following the crisis on Wall Street and criticism of his contention that the economy is fundamentally strong, John McCain injected a new economic populism into his campaign in a brief speech Tuesday in Tampa. ...more
September 17, 2008
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