Secretary Paulson speaks on the economy in Washington
Treasury Secretary Henry Paulson gives an update on the markets and the economy at a press conference at the K & L Gates in Washington on June 19, 2008. Paulson spoke on the success of the economic stimulus packages, the rising fuel cost and the current economic downturn. (UPI Photo/Kevin Dietsch)
UPI Related News
If the United States needed a financial soap opera -- a dubious premise, perhaps -- the purchase of Merrill Lynch by Bank of America is shaping up as a doozy.
WASHINGTON, Oct. 20 (UPI) -- White House officials told Bank of America they agreed with a U.S. taxpayer rescue package to support the bank's purchase of Merrill Lynch, bank documents show.
UPI Almanac for Wednesday, Oct. 14, 2009.
The Troubled Asset Relief Program was designed to cut straight to the chase last October by removing frozen loans from the books of U.S. banks.
UPI Almanac for Monday, Sept. 28, 2009.
Winding down policies designed to prop up an ailing economy may need to be followed by dismantling some of its success stories, top U.S. regulators said.
WASHINGTON, July 26 (UPI) -- More than 100 Chinese officials were in Washington Sunday for diplomatic and economic talks with U.S state and treasury officials, authorities said.
UPI Almanac for Monday, July 20, 2009.
WASHINGTON, July 16 (UPI) -- Congressional leaders chastised former U.S. Treasury Secretary Henry Paulson Jr. for his role in pressuring Bank of America to purchase Merrill Lynch.
WASHINGTON, July 15 (UPI) -- Ex-U.S. Treasury Secretary Henry Paulson plans to defend allegedly threatening Bank of America to keep its acquisition of Merrill Lynch on track, ABC News says.
