Friday, 19 September 2008


Historic Market Bailout Set in Motion
The Bush administration yesterday proposed a historic $500 billion bailout of financial firms that would let the government rather than the cold judgment of the marketplace decide the winners and losers from the crisis that has shaken the U.S. economy for the past year.

• Dodd: US financial system near meltdown 
• One Week Later, a New World Order 
• Apocalypse Now?: New world order could have devastating implications for Western nations 

• Understanding the Crisis 
• 
SEC bans short-selling for financials 
• Democrats Seek to Add Subprime Relief to Paulson’s Rescue Plan