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Paulson Considers New Plan to Resuscitate U.S. Housin...
By Mike Vonasten on December 4th, 2008 | 2 Comments
Bloomberg By Robert Schmidt and Dawn Kopecki Dec. 4 (Bloomberg) — Treasury Secretary Henry Paulson is considering a new plan to reduce mortgage rates in another bid to revive the U.S. housing ma... -
Paulson: Feds to expand rescueBy Mike Vonasten on December 2nd, 2008 | 3 Comments
CNN Treasury Secretary Henry Paulson said more needs to be done. The agency is ‘actively’ developing additional programs to boost lending. By Tami Luhby NEW YORK (CNNMoney.com) — The... -
House to push $500 billion stimulus billBy Mike Vonasten on December 2nd, 2008 | No Comments
Reuters *Without a printing press, where do they think they will find the money? WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi met leading governors on Monday to discuss ... -
Fed’s emergency loan program increases activityBy Mike Vonasten on November 29th, 2008 | No Comments
AP By MARTIN CRUTSINGER WASHINGTON (AP) - The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezin... -
Merkel criticises US over crisisBy Mike Vonasten on November 27th, 2008 | No Comments
Financial Times By Bertrand Benoit *At least she is more or less on the right train of thought. Angela Merkel, the German chancellor, turned the tables on her international critics on Wednesday by acc... -
FDIC adds 54 more banks to its ‘problem list...By Mike Vonasten on November 25th, 2008 | No Comments
AP By MADLEN READ NEW YORK (AP) - The Federal Deposit Insurance Corp. said Tuesday the list of banks it considers to be in trouble shot up nearly 50 percent to 171 during the third quarter—yet anoth... -
Fed Pumps Another $800 BillionBy Mike Vonasten on November 25th, 2008 | No Comments
Reuters by Mark Felsenthal WASHINGTON, Nov 25 (Reuters) - The U.S. Federal Reserve, in another massive life-support intervention for the U.S. financial system, on Tuesday announced a $600 billion prog... -
People of Lakota Launch Private Bank for Only Silver ...
By Gary on November 24th, 2008 | 8 Comments
FOR IMMEDIATE RELEASE People of Lakota Launch Private Bank for Only Silver and Gold Currencies Hill City, Lakota - November 24, 2008 - In a stunning development, the Free & Independent People o... -
Biggest Bank Bailout YetBy Mike Vonasten on November 24th, 2008 | 1 Comment
Reuters By Glenn Somerville and Ralph Boulton WASHINGTON/LONDON (Reuters) - The United States agreed to inject $20 billion of new capital to rescue one of the world’s top banks and European lead... -
Fed Pledges Top $7.4 Trillion to Ease Frozen CreditBy Mike Vonasten on November 24th, 2008 | No Comments
Bloomberg By Mark Pittman and Bob Ivry Nov. 24 (Bloomberg) — The U.S. government is prepared to lend more than $7.4 trillion on behalf of American taxpayers, or half the value of everything prod...
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