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3 Billion Dollar Loan - News Articles

How to restore confidence in the system?
Wednesday, October 22, 2008
Minneapolis Star Tribune, MN -
No way should the Merrill Lynch executive be allowed to walk away from the firm with a $25 million bonus. That's complete crap! ...
Fed prepared to prop up money-markets - Washington Post - MSNBC.com
Wednesday, October 22, 2008
MSNBC -
By Neil Irwin The Federal Reserve yesterday created a program to provide cash to money-market mutual funds, the latest step in a vast expansion of the government's safety net for the financial system. The Fed will make up to $540 billion available to buy ...
Another Fed rescue -- baltimoresun.com
Wednesday, October 22, 2008
Baltimore Sun, United States -
First, it was the banks. Now the Federal Reserve has come to the aid of money market funds as the government seeks to break the credit logjam that threatens the global economy. A week after the government announced it would spend $250 billion to buy ...
Asia Times Online :: Asian news and current affairs
Wednesday, October 22, 2008
Asia Times Online, Hong Kong -
By Henry CK Liu Free-market fundamentalists have been operating in denial mode for more than a year, since the US financial sector imploded in a credit crisis from excessive ...
The New York Times > Log In
Wednesday, October 22, 2008
New York Times, United States -
By MICHAEL M. GRYNBAUM For decades, Americans have considered money-market mutual funds as safe as bank accounts. On Tuesday, the Federal Reserve pledged ...
Fed comes to the aid of mutual funds | The Australian
Wednesday, October 22, 2008
The Australian, Australia -
IN another move to bolster fragile credit markets, the US Federal Reserve says it will lend as much as $US540 billion ($771 billion) to the money market mutual fund industry, which has been plagued by investor withdrawals. It is the ...
Funding Thaw Limited to Short-Dated Loans - WSJ.com
Wednesday, October 22, 2008
Wall Street Journal -
By MIN ZENG NEW YORK -- Tensions in short-term funding markets continued to ease Wednesday morning as a flurry of measures from global policy makers started ...
Credit stress recedes as focus turns to rate cuts | Reuters
Wednesday, October 22, 2008
Reuters UK, UK -
By Jamie McGeever LONDON (Reuters) - Interbank borrowing costs mostly fell on Wednesday, with further steep falls in dollar rates and spreads indicating ...
Bloomberg.com: Worldwide
Wednesday, October 22, 2008
Bloomberg -
By Bryan Keogh Oct. 22 (Bloomberg) -- Corporate short-term borrowing costs plunged after the Federal Reserve accelerated efforts to unlock the commercial ...
Manila Bulletin Online
Wednesday, October 22, 2008
Manila Bulletin, Philippines -
By MARTIN CRUTSINGER WASHINGTON (AP) – Treasury Secretary Henry Paulson said Tuesday the current financial challenges facing America will persist for a number of months, but he said the economy will rebound. ...
The Associated Press: Recession fears, weak earnings stoke stock selling
Wednesday, October 22, 2008
The Associated Press -
NEW YORK (AP) — A late afternoon barrage of selling sent the Dow Jones industrials tumbling almost 700 points as weak corporate earnings stoked fears that handily beat Wall Street\x27s expectations. (AP Photo/Seth Perlman)", ...
UPDATE 1-Fed says may mull expanding money mkt facility | Markets | Bonds News | Reuters
Wednesday, October 22, 2008
Reuters -
NEW YORK, Oct 22 (Reuters) - The Federal Reserve signaled on Wednesday its funding of short-dated securities purchases to free up frozen lending markets may include a wider range of issuers than previously stated. ...
Bloomberg.com: Worldwide
Wednesday, October 22, 2008
Bloomberg -
By Scott Lanman Oct. 22 (Bloomberg) -- The Federal Reserve may finance purchases of debt issued by companies not included on an initial list of 50 ...
The Associated Press: McCain returns to NH trying to stave off loss
Wednesday, October 22, 2008
The Associated Press -
MANCHESTER, NH (AP) — New Hampshire launched John McCain's two presidential campaigns, and now he's hoping it doesn't end his bid for the White House. The Republican nominee was returning Wednesday to the state whose primary he won in 2000 and again earlier ...
Fineman: Obama targeting McCain's own state? - Decision '08 - MSNBC.com
Wednesday, October 22, 2008
MSNBC -
AP file Punahoe Schools via AP AP AP file By Howard Fineman CHICAGO - According to the polls, Sen. Barack Obama is lapping Sen. John McCain on the racetrack ...
McCain seeks N.H. lift, one more time - 2008 Presidential Campaign Blog - Political Intelligence - Boston.com
Wednesday, October 22, 2008
Boston Globe, United States -
John McCain urged New Hamsphire voters this morning to help him "one more time" as he runs an "underdog campaign" against Democrat Barack Obama, who appears to be surging toward the White House. "We'll again come from behind ...
McCain to Granite State: 'I Love You' | The Trail | washingtonpost.com
Wednesday, October 22, 2008
Washington Post, United States -
By Michael Abramowitz GOFFSTOWN, NH -- John McCain returned briefly this morning to the scene of some of his greatest political triumphs to try to rally voters for one last victory. "I can't tell you how happy I am to be back in ...
McCain, Obama wrangle over 'socialist' tax policies - USATODAY.com
Wednesday, October 22, 2008
USA Today -
John McCain, trailing by double-digits in several national presidential polls, stumped in New Hampshire Wednesday, looking once again for the Granite State ...
The Press Association: McCain slams 'confident' Obama
Wednesday, October 22, 2008
The Press Association -
Barack Obama was accused of arrogantly assuming victory in the presidential race by Republican rival John McCain. With less than two weeks until election day, Mr Obama leads the Republican by more than seven points in the latest average of national polls by ...
Barack Obama's upcoming TV "special" provides fodder for John McCain | Top of the Ticket | Los Angeles Times
Wednesday, October 22, 2008
Los Angeles Times, CA -
A week from tonight, Barack Obama tries to seal the deal with voters who still may be up for grabs by appealing to them through a nationally televised, ...
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