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US moves to start bailout program amid global effort
The Bush administration moves quickly to implement a 700 billion rescue plan, consulting private law firms on taking partial bank ownership to thaw lending. European and U S authorities coordinate to steady markets as UK, ECB, and Swiss banks receive funds. key officials named to oversee the program and asset purchases.
MENTIONED IN THIS ARTICLE
Washington
Europe
U.S
Asia
Administration On Today
Federal Reserve
Ben Bernanke
Neel Kashkari
Treasury
Kashkari
Simpson Thatcher & Bartlett LLP
Institute of International Bankers
Ennis Knupp & Associates
Bank of England
European Central Bank
Swiss National Bank
Bank of Japan
Gordon Brown
Fed
Royal Bank of Scotland Group PLC
Lloyds Tsb Group PLC
Hbos PLC
Barclays PLC
Keith Bowman
Hargreaves Landsdown
London