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- politicom.moldova.org
The federal government backed off a plan to buy toxic mortgages, U.S. Treasury Secretary Henry Paulson said Wednesday, favoring a program of investment.In looking for ways to address the U.S. economic crisis, Paulson said in early October that buying bad home loans was a likely answer. However, further review revealed buying the bad loans was not most effective way to use (bailout) funds, he ... - money.cnn.com
NEW YORK (CNNMoney.com) -- Troubled insurer American International Group got a reworked $152.5 billion deal from the federal government Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's ...