Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Top News

Stocks Rally on Early Reports of Agreement on Bailout Plan

Sep. 26, 2008
Wall Street rallied yesterday when it seemed as if lawmakers had reached a fundamental agreement on a financial sector bailout and investors shrugged off new evidence of a struggling economy.
Related Stories from UPI.com

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.
Bailed out firms are doling out dividends

Bailed out firms are doling out dividends

WASHINGTON, Oct. 30 (UPI) -- A large share of the U.S. federal bailout funds allocated to banks will end up in the hands of the banks' shareholders, much to Sen. Charles Schumer's dismay.
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.

Gallup says bailout 'shocked' consumers

PRINCETON, N.J., Oct. 23 (UPI) -- Gallup polls indicate the U.S. public received "a major psychological shock" when it learned banks required a financial bailout bill, the research group said.

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.

Banks may hoard bailout funds

NEW YORK, Oct. 17 (UPI) -- Bailout money meant to provide movement in the U.S. financial system may end up sitting still for a while, various bankers said.

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.

Germany to bailout banks with $671 billion

FRANKFURT, Germany, Oct. 13 (UPI) -- German Finance Minister Torsten Albig said Monday the government had proposed a $671 billion bailout plan for the nation's banks.

Bailout won't bail out all, Paulson says

WASHINGTON, Oct. 8 (UPI) -- The $700 billion U.S. financial bailout plan won't save every financial institution, U.S. Treasury Secretary Henry Paulson said Wednesday.

Experts: Bailout didn't cure U.S. economy

WASHINGTON, Oct. 5 (UPI) -- The U.S. government bailout of American financial institutions may not cure all that ills the national economy, experts say.
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.
House passes bailout bill by large margin

House passes bailout bill by large margin

WASHINGTON, Oct. 3 (UPI) -- The U.S. House of Representatives, spurred by cries that inaction was unacceptable, passed a $700 billion economic bailout bill 263-171 Friday.

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.
Economy depends on bailout, Bush says

Economy depends on bailout, Bush says

WASHINGTON, Sept. 30 (UPI) -- U.S. President George Bush Tuesday urged House members to reconsider the $700 billion financial markets bailout plan, predicting disaster if nothing happens.

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.
1 of 29
Youngsters compete in Scripps National Spelling Bee
View Caption
Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler