Articles About Finanical Crisis
- Author:
- Tom Silva
- Posted:
- 10.21.2008
The Federal Government Takes First Steps to Bail Out Banks
The Treasury Department is spending the first $250 billion of the $700 billion rescue bill that Congress recently approved in an attempt to defuse the financial crisis that has dominated the headlines for weeks. According to an article on GlobeSt.com the move – which partially nationalizes the banking system – is seen by some as […]