Latest Henry Paulson Stories
By JEANNINE AVERSA By Jeannine Aversa The Associated Press WASHINGTON Refusing to be pushed, Republicans and Democrats alike rebuffed dire warnings Tuesday from the government's top economic officials of recession, layoffs and foreclosed homes if Congress doesn't quickly approve the administration's emergency $700 billion financial bailout plan.
By Anna Jo Bratton Associated Press OMAHA, Neb. -- Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that felled two of its investment banking peers.
By THE ASSOCIATED PRESS WASHINGTON - Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson urged Congress to quickly pass a $700 billion financial bailout, warning that letting problems persist would have dire consequences for the national economy.
From wire reports WASHINGTON The Bush administration and congressional leaders moved closer to an agreement on a historic $700 billion bailout for financial firms on Monday, including tight congressional oversight and new help for homeowners at risk of foreclosure.
By Associated Press WASHINGTON -- Scrambling for a swift deal on the $700 billion bailout for failing financial firms, key Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues, including "golden parachutes" for executives who benefit from the unprecedented rescue.
By Stephen Labaton, David M. Herszenhorn, and Mark Landler Democrats in Congress are setting their own terms for a plan to rescue U.S.
By Martin Crutsinger and Charles Babington WASHINGTON - The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the "mother of all bailouts" - a $700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.
By MARK McLAUGHLIN WALL Street's last two remaining major investment banks have switched their status to bank holding companies in a bid to survive the current financial crisis that has decimated banking institutions on both sides of the Atlantic.
From wire reports WASHINGTON President Bush's $700 billion rescue plan for Wall Street ran into trouble Sunday as Democrats insisted on provisions for struggling homeowners and limits on CEO pay that Treasury Secretary Henry Paulson opposes.
By Kevin G. Hall McClatchy Newspapers WASHINGTON -- President Bush's $700 billion rescue plan for Wall Street ran into trouble Sunday as Democrats insisted on provisions for struggling homeowners and limits on CEO pay that Treasury Secretary Henry Paulson opposes.
- Monstrous in size or character; huge; prodigious; monstrously perverse, savage, cruel, etc.