Oct 20th, 2008 · Governments around the world continue to announce financial rescue plans. Dutch officials poured more than $13 billion into their country's largest bank, ING. Over the weekend, ING became the latest European bank to seek government help. And Swedish officials have announced they're setting up a bailout fund. They'll also guarantee some Swedish bank debt worth $200 billion.
Oct 15th, 2008 · The government's $250 billion cash infusion into banks is to get them lending again. The Treasury Department is also taking an ownership stake in nine banks. While many bankers and economists express some concern about the plan, reaction has been mostly favorable.
Sep 29th, 2008 · The bank bailout has extended to Europe, where infusions of government cash rescued some struggling financial giants. Analysts predict the result of the crisis will be a major consolidation of European banks.
Apr 22nd, 2008 · National City, a major regional bank with headquarters in Cleveland, has been struggling with subprime mortgage losses. On Monday, the bank announced a huge capital infusion and watched its already depressed stock fall even further. Dan Bobkoff reports from member station WCPN.
Apr 8th, 2008 · Washington Mutual, the country's largest savings and loan, is close to a deal to receive a $5 billion cash infusion. It was a major player in the lending boom, and now it's teetering because of losses in the subprime mortgage market.
Mar 19th, 2008 · On the fifth anniversary of the start of the Iraq war, President Bush acknowledged Wednesday that there is "understandable debate" over the conflict. At the Pentagon, Bush said that increasing the pace of withdrawal could be a setback to progress made since the so-called "surge" -- an infusion of 30,000 additional troops last year.
Feb 13th, 2008 · President Bush has signed into law a $152 billion economic stimulus bill approved by Congress last week. The plan is intended to provide a quick infusion of cash into the economy, through tax rebates of up to $600 for individuals and $1,200 for couples. Parents will get an additional $300 per child.
Jan 18th, 2008 · President Bush on Friday attached a dollar figure to the economic stimulus package he's been talking about this week. He says he'd like to see $150 billion in tax rebates and other measures to keep the economy from slowing any further. But questions remain about who would get the rebates -- and who would not.