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Treasury Announces Guidelines for Gov't Rescue of Financial Firms

Paulson Says Rescue Fund Will Inject Capital into Financial Institutions

House Approves Financial Rescue Plan in 263 to 171 Vote

Wall Street Holds its Breath For House Vote on Rescue Package

Senate Passes New Version of Emergency Economic Stabilization...

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Treasury Announces Guidelines for Gov't Rescue of Financial Firms

The U.S. Treasury announced guidelines for dealing with financial institutions in need of rescue. The details are based on the Nov. 23 decision to loan $5 billion to Citigroup. The Treasury said eligibility for the program will be considered on a case...

Published Fri, Jan 01 2009 2:23 PM by CEP News Feed

Filed under: treasury department, emergency economic stabilization act of 2008
Paulson Says Rescue Fund Will Inject Capital into Financial Institutions

The $700 billion rescue package passed last week by the U.S. Congress will in part be used to inject capital into financial institutions , Treasury Secretary Henry Paulson said during a press conference on Wednesday. He is also calling for a G20 meeting...

Published Wed, Oct 10 2008 4:07 PM by CEP News Feed

Filed under: hank paulson, US Treasury, emergency economic stabilization act of 2008
House Approves Financial Rescue Plan in 263 to 171 Vote

After days of deliberation, the House of Representatives voted in favour of the Emergency Economic Stabilization Act of 2008 on Friday in a vote of 263 to 171, allowing the deployment of up to $700 billion to purchase illiquid assets from financial entities...

Published Fri, Oct 10 2008 1:28 PM by CEP News Feed

Filed under: emergency economic stabilization act of 2008
Wall Street Holds its Breath For House Vote on Rescue Package

The fate of the U.S. financial rescue package hangs in the balance on Friday with a new version of the bill reaching the House floor at some point during the day. The second vote comes after Congress rejected the original version, sparking a massive selloff...

Published Fri, Oct 10 2008 9:13 AM by CEP News Feed

Filed under: bailout, emergency economic stabilization act of 2008
Senate Passes New Version of Emergency Economic Stabilization Act of 2008

As hoped and awaited, the U.S. Senate passed an updated version of the U.S. Emergency Economic Stabilization Act of 2008. The legislation now needs final approval from the House of Representatives, to be decided on Friday. The bill now includes a revision...

Published Wed, Oct 10 2008 9:33 PM by CEP News Feed

Filed under: senate, emergency economic stabilization act of 2008
Senators Confident New Rescue Package Will Pass This Time

Ahead of the Senate voting on an updated version of the U.S. Emergency Economic Stabilization Act of 2008 , many senators are confident the bill can reach the House of Representatives for a second vote later this week. Still, given the the events from...

Published Wed, Oct 10 2008 7:24 PM by CEP News Feed

Filed under: bailout, emergency economic stabilization act of 2008
Economists Look to Rate Cuts, Second Financial Rescue Package for Hope

After failing to pass a bill geared at kick starting the financial system in the United States on Monday, market participants are looking for help from central bankers in the form of rate cuts and a return of the failed bill as early as Thursday. According...

Published Tue, Sep 09 2008 9:37 AM by CEP News Feed

Filed under: interest rates, bailout, emergency economic stabilization act of 2008
House Rejects Emergency Economic Stabilization Act

After several days of deliberation, a majority of U.S. House representatives voted to reject the Emergency Economic Stabilization Act of 2008 in a final vote of 228 to 205. Although many U.S. officials agreed on the necessity of the plan, which was seen...

Published Mon, Sep 09 2008 2:09 PM by CEP News Feed

Filed under: bailout, emergency economic stabilization act of 2008

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