nytimes.com - 9/21/2008
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WASHINGTON News reports about the upheaval in the world of finance have been full of esoteric terms like “mortgage-backed securities” and “ credit-default swaps ,” but the crisis has resonated for people who know little about Wall Street and who did not think they would ever have to know. Here ...
washingtonpost.com - 9/26/2008
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washingtonpost.com —
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Away from Wall Street, Economists Question Basis of ...
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seven hundy
toddstrade —
"The recovery package cannot go higher than $700 billion without additional legislation. As for that figure, it lies between the optimistic estimate of $500 billion and the pessimistic guess of $1 trillion about the cost of fixing the financial mess. But the $700 billion is in addition to an $85 billion agreement on a bailout of the insurance giant ...
The Wall Street Bailout Plan- OP’s Perspective
OptionPundit —
... guardians of world’s largest economy view this in all fairness to the small and medium and average American who had nothing to do with this mess but still need to pay for this clean-up (instead of letting these institution bear the sour fruits of their doings). US’s “Every Street” will now bailout ”The Wall Street” ; and probably the guys who created the mess will still earn gazillions of $$$ in salary. If you would like to know more about this plan, read this straight forward explanation from New York Times. All eyes are upon US ...
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