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Recent Posts Tagged With 'bail out'
Senate Prepares to Vote on Revised Rescue Plan
Within two days of the House rejecting the bail out plan, the Senate will be voting on a similar deal - but with a few sweeteners added to ensure a smooth passage. One of the new clauses will include raising the governments guarantee on savings from ...
Congress Crashes the Markets!
Am I the only person that had doubts about Congress passing the $700bn Rescue Plan yesterday? The markets obviously didn’t see it coming, with the Dow losing 7% of it’s value! The silly thing is that the revised bill thrashed out over t...
Will $700 Billion Rescue Deal Save US?
I still haven’t had time to fully study the proposals thrashed out over the weekend, which still needs to be approved by Congress. The deal does, however, address several key concerns raised by both Republicans and Democrats: The money will no...
President Bush to Hold Bail-out Talks
‘Comrade’ Bush is to hold vital talks with key figures in a desperate attempt to agree a multi billion dollar bail-out fund for the American economy. Confidence continues to slump in the wake of the global credit crisis as Banks refuse to...
