Latest Henry Paulson Stories
By Julie Hirschfeld Davis WASHINGTON - Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. The biggest U.S.
By Associated Press WASHINGTON -- The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short- term winners, as well as some losers. Wall Street and the banking industry are perhaps the biggest winners.
By Charles Babington and Alan Fram Associated Press WASHINGTON -- Congressional leaders and the Bush administration reached a tentative deal early today on a landmark bailout of imperiled financial markets whose collapse could plunge the nation into a deep recession.
By Julie Hirschfeld Davis and David Espo Associated Press WASHINGTON -- The Bush administration and Congress anxiously revived negotiations Friday on a $700 billion financial bailout, one day after the largest bank collapse in U.S. history provided a brutal reminder of the risks of failure.
By Jennifer Loven and Julie Hirschfield Davis INSIDE: Editorial 4A; Morgan Chase buys Wamu 9A; CEOs bailout 8B WASHINGTON - A Republican rebellion stalled government efforts Thursday to avoid economic meltdown, a chaotic turnaround that disrupted the choreography of an extraordinary White House meeting meant to show joint resolve from the president, the political parties and the presidential candidates.
The deal is on. No, it's off. No, it's on again. It was a day in Washington that would have tried the patience of Monty Hall.
The $700 billion Wall Street bailout proposed by U.S. Treasury Secretary Henry Paulson is structurally flawed, Sen. Richard Shelby, R-Ala., said Friday.
By Jennifer Loven and Julie Hirschfeld Davis Associated Press WASHINGTON -- A Republican rebellion stalled government efforts Thursday to avoid economic meltdown, a chaotic turnaround that disrupted the choreography of an extraordinary White House meeting meant to show joint resolve from the president, the political parties and the presidential candidates.
Arun Gupta was enraged as he learned the details of Treasury Secretary Henry Paulson's plan to fix the U.S. banking system with $700 billion in taxpayer funds.
By SHERYL GAY STOLBERG AND DAVID M HERSZENHORN By Sheryl Gay Stolberg and David M.
- A trick or prank.