Finance-related firms working with Treasury, which also has eye on Obama transition
(NEWSER) - After taking ownership stakes in banks totaling $250 billion, the Treasury is preparing to broaden rescue efforts to include companies outside the banking sector, the Washington Post reports. Hundreds of billions of the $700 billion bailout package could go to relieve some institutions that, though not chartered as banks, borrow and lend money, such as General Motors’ financing arm or insurers. More»
