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Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies. ...more
March 20, 2009
The government, raising cash to pay for the array of financial rescue packages, said Monday it plans to borrow $550 billion this quarter - and that's just a down payment. ...more
November 4, 2008
Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies. ...more
August 21, 2008
Treasury Secretary Henry Paulson called Tuesday for an aggressive response to deal with an unfolding housing crisis that he said presents a significant risk to the economy. ...more
October 17, 2007
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