Wednesday, November 12, 2008

New TARP unfurled

Give him enough time, and enough tries, and Paulson might eventually get it right. Best thing that can happen is that Paulson goes back to the private sector.

Treasury Secretary Henry Paulson laid out details for the next stage of the government's financial-market rescue package Wednesday, announcing he has shelved the original plan to buy troubled mortgage assets while turning his attention to non-bank financial institutions and consumer finance.

Wait, I meant to say ..

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