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Bailout worries temper gains

Feb. 9, 2009
Financial shares ralied Monday morning ahead of the announcement of the new bank bailout plan, but the broader market struggled on uncertainty about the economic stimulus plan.
Related Stories from UPI.com

House grills Treasury on bailout

WASHINGTON, Nov. 14 (UPI) -- A U.S. House panel kept up the congressional criticism of the Treasury Department's handling of the $700 billion financial bailout Friday.

Merkel urges banks to accept bailout help

BERLIN, Nov. 1 (UPI) -- German Chancellor Angela Merkel said banks should take advantage of a $637 billion government bailout plan few have availed themselves of so far.

Norway raids bank for pre-bailout trades

OSLO, Norway, Oct. 23 (UPI) -- Norwegian authorities charged the country's largest bank with insider trading based on its alleged foreknowledge of a government financial bailout plan.
Treasury considers bank purchasing plan

Treasury considers bank purchasing plan

WASHINGTON, Oct. 9 (UPI) -- The U.S. Treasury Department said it is considering a plan of buying bank shares to restore confidence in lending.
U.S. markets gains hold Thursday

U.S. markets gains hold Thursday

NEW YORK, Sept. 25 (UPI) -- U.S. stock indexes held onto gains Thursday, despite uncertainty about the government's massive $700 billion bailout plan designed to rescue financial firms.

Bush: U.S. economy in crisis

WASHINGTON, Sept. 24 (UPI) -- U.S. President George W. Bush said the nation's economy would suffer catastrophic effects if Congress fails to pass a bailout of the financial industry.

Obama: Bailout must have oversight

WASHINGTON, Sept. 23 (UPI) -- Democratic presidential candidate Barack Obama said he'd support a bailout of U.S. financial markets only if it had proper oversight and protects taxpayers.

Bailout structure an issue, economist says

REDLANDS, Calif., Sept. 22 (UPI) -- Structure, not size, is the key problem with the bailout plan U.S. Treasury Secretary Henry Paulson proposed, an economic professor says.

EU says bailout not right for Europe

MAD, Spain, Sept. 19 (UPI) -- European Union finance minister Joaquin Almunia said Europe should not employ the same bailout plan under consideration in the United States.

Bank Internasional Indonesia's 2nd bailout

SINGAPORE, May 13 (UPI) -- The troubled PT Bank Internasional Indonesia will get a second financial bailout when the Indonesian government launches a $461 million rights issue later this
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa