This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Rush to financial rescue begins
Washington AP reports the $700 billion bailout signed by President Bush moves toward implementation. Treasury Secretary Paulson mobilizes advisers as plans set to buy toxic assets from banks and others, possibly via reverse auctions, with asset managers and new staff to run the program. The bill allows up to 700 billion to stabilize banks, credit markets, and economy, with phased disbursements and heavy oversight.
MENTIONED IN THIS ARTICLE
Washington
Congress
George W. Bush
House of Representatives
Treasury
Henry Paulson
Paulson
Wall Street
Department
House