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Sep. 25th, 2008 10:16 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ksmithAnd...it looks like bailout terms are close to being worked out:
The Bush administration paved the way for a deal by making major concessions. They include curbs on executive compensation, help for homeowners facing mortgage foreclosure and independent oversight of the Treasury-managed program. Treasury Secretary Henry Paulson also agreed to a Democratic demand that the government take equity stakes in companies it assists.
The Bush administration paved the way for a deal by making major concessions. They include curbs on executive compensation, help for homeowners facing mortgage foreclosure and independent oversight of the Treasury-managed program. Treasury Secretary Henry Paulson also agreed to a Democratic demand that the government take equity stakes in companies it assists.
