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<a href="http://www.accessmylibrary.com/article-1G1-190692531/700-billion-rescue-package.html" title="Facts and information about That $700 billion rescue package for banks is in danger of turning from a safety net into a slush fund.(The Week)(Brief article)">That $700 billion rescue package for banks is in danger of turning from a safety net into a slush fund.(The Week)(Brief article)</a>
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That $700 billion rescue package for banks is in danger of turning from a safety net into a slush fund.(The Week)(Brief article)
[ILLUSTRATION OMITTED]
That $700 billion rescue package for banks is in danger of turning from a safety net into a slush fund. The scent of money has attracted lobbyists for every interest group in Washington. Now comes word that Treasury secretary Henry Paulson might dip into the fund to bail out struggling automakers GM and Chrysler. Auto sales are falling and both companies are in deep financial trouble. They blame the financial crisis and are asking Paulson to include them in the bank rescue. In order to qualify for the rescue money, GM's financing ...
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Source: HighBeam Research, That $700 billion rescue package for banks is in danger of turning...