Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis
September 19th, 2008 by
Treasury and Fed officials were discussing with leaders in Congress a plan for the government to buy up distressed mortgages.
Posted in Treasury Department, Resolution Trust Corp, Inflation (Economics), Bankruptcies, Recession and Depression, Economic Conditions and Trends, Federal Reserve System, Banks and Banking, United States Economy