Articles About Thawing Credit
- Author:
- Tom Silva
- Posted:
- 11.21.2008
$700 Billion Financial Bailout Plan Still Evolving
Treasury Secretary Henry Paulson is sitting on $350 billion dollars of the taxpayers’ money, and can’t quite settle on the best way to spend it. When approved by Congress in October, the $700 billion Troubled Assets Relief Program (TARP) bill’s purpose was to purchase bad mortgage assets that had frozen the credit markets. The Treasury Department […]