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U.S. to buy shares in banks

Oct. 10, 2008
Treasury secretary says the move, previously rejected, is now needed to inject cash into the financial system. Treasury Secretary Henry M. Paulson said today that the Bush administration would buy stakes in banks and other financial institutions to help ease the economic crisis.
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WASHINGTON, Nov. 24 (UPI) -- U.S. President George Bush Monday hailed the decision to shore up Citigroup as a "first step toward economic recovery."

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Kanjorski compares Paulson to Hoover

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Frank to Paulson: Help homeowners

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U.S. markets close down Wednesday

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler