Bush Admin May Need Congress To Release More Bailout Money Soon
Most of the first installment of the $700B bailout passed in October has now been set aside, none of it for the original plan to buy "troubled assets." This means Henry Paulson may soon have to beg Congress to release more money.
1 comment:
I knew it Hank is stealing as much as possible and no accountablity. We've seen Hank give out money to friends for bonuses and for AIG to party and have meeting that cost thousands of dollars yet not a dime goin to the recovery plan. Even Hank and Bennie gave away 2 trillion dollars to CEO's and of course Goldman Sachs without approvel from anyone and now don't want to give out the information. Bennie is slick he wants Obama to let him stay in the job as Fed Chief to keep those secrets and pass on information to the GOP.
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