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Paulson changes course on bailout

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Treasury Secretary Paulson now says they won't use the $700 billion blank check from taxpayers to buy up bad mortgages and get them off the books of failing banks, and instead will buy equity and encourage them to use the cash to start lending again.

Paulson changes course on bailout

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vote

Find more posts like this:

Treasury Secretary Paulson now says they won't use the $700 billion blank check from taxpayers to buy up bad mortgages and get them off the books of failing banks, and instead will buy equity and encourage them to use the cash to start lending again.

Kurita Pleads Case Before Federal Judge

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State Sen. Rosalind Kurita's lawyer urged a federal judge today to put her name back on the Nov. 4 ballot as the Democratic nominee. After a three-hour hearing, Judge Robert Echols said he'd rule early next week.

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