How Deregulation Trashed the US Economy and Government ...The Treasury Department agreed to provide up to $200 billion in loans to the cash-starved firms, crucial sources of mortgage funding for banks and other lenders. It was a bid to reverse the prolonged housing and credit crisis. ... On October 12, for example, James Baker III, Republican stalwart and the man to helped install George W. as president during the Florida election fiasco in 2000, said, “This is bigger than the private sector can fix by itself.” ...
unknown
7 Hours 55 Minutes ago
http://www.marketoracle.co.uk/