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The Crisis Dwarfs $700B

A US-centric band aid can't quell global markets as confidence plunges

By Clay Dillow, Newser Staff

Posted Oct 7, 2008 10:18 AM CDT

(Newser) – As the financial crisis continues to grow, the $700 billion bailout passed by Congress last week may be too little too late, the Washington Post reports. The plan may not begin relieving banks of toxic assets for another month, and, meanwhile, the crisis has gone... Read full story »

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The Crisis Dwarfs $700B

A US-centric band aid can't quell global markets as confidence plunges

Ben Bernanke • World Bank • Europe • Henry Paulson • Chinese economy • bailout • bank failure • economy • financial crisis

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Congress Wants More Taxpayer Guarantees

Amid dire warnings and political theater, sides inch closer to compromise

Paulson's Imprimateur on Freddie/Fannie Rescue

Madcap weekend recasts Treasury Secretary in Clintonian mold

'Bad Bank' for Toxic Assets Among Feds' TARP Options

Paulson, Bair show support creating federally sponsored institution

Spending Beyond Our Means? It's All China's Fault

The time of the reckoning is here, NYT says

Paulson, Bernanke Defend Bailout Before House

Money for Detroit isn't the 'purpose' of the bailout: Paulson

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