Daily news and opinion from le Chat Marchet
October 10th, 2008 at 7:38 pm

U.S. planning to buy equity in financial institutions (Reuters)

Posted in: le Chat Marchet

U.S. Treasury Secretary Henry Paulson addresses a news conference in Washington, October 8, 2008. Paulson on Wednesday urged intensified global cooperation to stabilize financial markets and said countries must be careful not to harm one another while they guard their own interests. (Mitch Dumke/Reuters)Reuters - U.S. Treasury Secretary Henry Paulson said on Friday the United States is developing plans to buy equity in financial institutions if necessary to halt market turmoil.


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