Bush Bailout Plans Embraces More Types Of Bad Debt
The Bush administration’s proposed $700 billion bailout will now include assets other than mortgage-related securities. In a revised guidance to Congress, the U.S. Treasury ahs proposed to include purchase of instruments such as car loans, credit-card debt and other devalued assets—all that is like to significantly increase the ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org