(no subject)
Sep. 25th, 2008 10:16 amAnd...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.
no subject
Date: 2008-09-25 03:27 pm (UTC)no subject
Date: 2008-09-25 11:56 pm (UTC)