Posted on 11/03/2008 9:33:27 PM PST by sloop
WASHINGTON -- The Treasury Department is considering using more of its $700 billion rescue fund to buy stakes in a broad range of financial companies, not just banks and insurers, after tentative signs of the program's success, according to people familiar with the matter.
In focus are companies that provide financing to the broad economy, including bond insurers and specialty finance firms such as General Electric Co.'s GE Capital unit, CIT Group Inc. and others, these people said.
(Excerpt) Read more at online.wsj.com ...
especially ge - anything associated with msnbc should be allowed fail
OMG! Paulson and his pet Goldman Sacs needs to go!
The sons-of-bitches are playing the Stock Market with our tax money!
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