Bush and Paulson call leadership in Washington
President George W. Bush speaks via conference call to bicameral and bipartisan leadership on January 17, 2008, from the Oval Office of the White House. With him is Secretary of the Treasury Hank Paulson. (UPI Photo/Joyce N. Boghosian/White House).
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NEW YORK, Sept. 14 (UPI) -- Talks aimed at rescuing Lehman Brothers Inc. investment bank were fruitless but Merrill Lynch found a buyer in Bank of America Sunday, The New York Times said.
WASHINGTON, July 2 (UPI) -- U.S. Treasury Secretary Henry "Hank" Paulson is in the news a lot these days, but not for the reasons he would like: Seven and half years of reckless and blindly optimistic fiscal and energy policies are coming home to bite him and his master, President George W. Bush.
WASHINGTON, Dec. 7 (UPI) -- A deal reached by major U.S. lenders to freeze rates on some subprime adjustable-rate mortgages is drawing criticism.
MUMBAI, Oct. 31 (UPI) -- Although India claims that its economic growth makes the world view it as a coming great power independent of the traditional Indo-Pakistan perspective, that stubborn hyphen retains its relevance.
WASHINGTON, Oct. 23 (UPI) -- The outgoing International Monetary Fund head says the U.S. dollar’s decline so far has been orderly but the greenback faces a risk of an abrupt fall.