$700 Billion Bank Bailout (2008)

General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government's reach into big...

Today's question: How do we avoid another disastrous housing bubble? Increased regulation, or trust the market to price risk better next time? Previously, Mitchell and Abromowitz discussed what Washington should do about Fannie Mae and Freddie Mac, John...

NEW YORK (AP) _ Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise...

TOKYO -- Most Asian markets bounced back Wednesday on hopes that a $700 billion bailout for the U.S. financial system will soon win legislative approval, although doubts persisted about the long-term outlook for the global economy. Japan's Nikkei 225...

(Photo: SAUL LOEB/AFP/Getty Images) by Frank James As the fingerpointing continues following the House's failure to pass the $700 billion bailout, a lot of blame is going to Treasury Secretary Henry Paulson Jr. for first trying to run roughshod......

McCain's campaign sends out an e-mail praising the SEC for dropping "mark to market" rules -- financial accounting rules that essentially require that securities that have lost value be written down to their actual value instead of being carried at......

Rep. Peter DeFazio introduces the "No Bailout Act" with other House members on September 30, 2008 on Capitol Hill. (Photo: TIM SLOAN/AFP/Getty Images) by Frank James You know the failed but still alive $700 billion bailout proposal has scrambled......

by Mark Silva Ron Paul and Dennis Kucinich are on top. Let history record that, for one fleeting moment perhaps this week, the most anti-establishment candidates for either major parties' presidential nominations this year - two who stirred a lot......

by Mark Silva The stunning news about the American economy delivered in the private session that Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson held with congressional leaders on Capitol Hill two weeks ago today has been...

by Mark Silva With added sweeteners for resistant Republicans and Democrats alike, Senate leaders are voicing confidence today that they can win the $700-billion bailout of the nation's financial markets stalled on Capitol Hill. "We're going to fix the...

Wall Street isn???t alone in looking for a bailout; the Wall Street Journal reported today that even after getting $25 billion in low-interest federal loans to upgrade their plants so they can make more fuel-efficient cars (President Bush signed the......

em>by Mark Silva The House has cleared the path for a $700 billion bailout of the nation's financial institutions today, warming up to a sweetened plan it rejected Monday. With a 223-205 vote this morning, the House has blocked any......