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Calif. leaders hope bailout loosens credit market

Oct. 3, 2008
Gov. Arnold Schwarzenegger and California's top finance officials reacted cautiously Friday to congressional approval of the $700 billion Wall Street bailout package, warning that the nation's tight credit market still presents considerable challenges for the...
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Officials hope new program thaws markets

WASHINGTON, Nov. 25 (UPI) -- U.S. Treasury and Federal Reserve officials say they hope a broad, new lending program for consumers and businesses will help thaw frozen loan markets.
Bailout for U.S. auto manufacturers dim

Bailout for U.S. auto manufacturers dim

WASHINGTON, Nov. 14 (UPI) -- A bailout plan for beleaguered U.S. automakers is unlikely before the end of the year as Democratic congressional leaders say they don't have the votes.

Treasury eyes credit-focus bailout

WASHINGTON, Nov. 13 (UPI) -- U.S. officials charged with pulling the country out of its financial malaise say they're working on a credit-focused plan aimed at thawing consumer credit.

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.
Congressman steamed over executive bonuses

Congressman steamed over executive bonuses

WASHINGTON, Oct. 23 (UPI) -- A report outlining $70 billion in executive bonuses potentially due Wall Street bank executives this year has one U.S. congressman fuming.

Leaders of smaller banks fume over bailout

WASHINGTON, Oct. 15 (UPI) -- Executives of smaller banks reacted angrily to a twist in the financial bailout package, seeing U.S. government equity purchases as punishment rather than help.
Fed extends $37.8 billion more to AIG

Fed extends $37.8 billion more to AIG

WASHINGTON, Oct. 8 (UPI) -- The U.S. Federal Reserve said it extended American International Group's line of credit by another $37 billion Wednesday.

Paulson lays bailout implementation plans

WASHINGTON, Oct. 4 (UPI) -- U.S. Treasury Secretary Henry Paulson is considering who to hire to lead the implementation of a $700 billion financial industry bailout plan, sources said.
Bush signs bailout measure

Bush signs bailout measure

WASHINGTON, Oct. 3 (UPI) -- U.S. President George Bush signed into law the far-reaching rescue package for the U.S. financial markets passed by Congress.

Code Pink protesters see red over bailout

WASHINGTON, Oct. 1 (UPI) -- A group demonstrated in the Senate offices of U.S. presidential candidates John McCain and Barack Obama, protesting their support of a Wall Street bailout.

Small businesses mixed about bailout

WASHINGTON, Oct. 1 (UPI) -- Acceptance of a federal bailout for Wall Street is mixed among owners of small U.S. businesses with many wondering what's in it for them, analysts said.

Survey finds Americans wary of bailout

WASHINGTON, Sept. 30 (UPI) -- Americans' opinions about the U.S. House's defeat of the $700 billion bailout plan reflect a wariness about their leaders in Washington, a survey indicates.

Poll: More disapprove of bailout handling

PRINCETON, N.J., Sept. 29 (UPI) -- More Americans say they disapprove of the way most of the U.S. political leaders have handled the financial crisis, a Gallup poll indicated Monday.

McCain calls for passage of bailout plan

WASHINGTON, Sept. 28 (UPI) -- Republican U.S. presidential nominee John McCain said Sunday he hopes he will be able to support the Wall Street bailout plan pending before Congress.

Economic depression unlikely, analysts say

NEW YORK, Sept. 26 (UPI) -- A $700 billion bailout for the credit crisis on Wall Street may not be the last massive federal intervention needed to right the economy, U.S. economists said.
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President Obama awards the Presidential Medal of Freedom in Washington
View Caption
President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch