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<a href="http://www.accessmylibrary.com/coms2/summary_0286-35806982_ITM" title="Facts and information about The panic of 2008: thanks to Congress, the American taxpayer has been stuck with the bill for the bailout plan--but that is only the beginning. Where else could the Panic of 2008 take us?(ECONOMY)(Cover story)">The panic of 2008: thanks to Congress, the American taxpayer has been stuck with the bill for the bailout plan--but that is only the beginning. Where else could the Panic of 2008 take us?(ECONOMY)(Cover story)</a>
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The panic of 2008: thanks to Congress, the American taxpayer has been stuck with the bill for the bailout plan--but that is only the beginning. Where else could the Panic of 2008 take us?(ECONOMY)(Cover story)
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On Monday, October 13, the first business day following an eight-day market swoon that saw the Dow Jones Industrial Average lose more than 2,000 points, the Bush administration announced new steps to "rescue" a global economy that seemingly had gone into free fall. "The United States government is acting; we will continue to act to resolve this crisis and restore stability to our markets," proclaimed the president at an early-morning press conference. "We are a prosperous nation with immense resources and a wide range of tools at our disposal. We're using these tools aggressively."
At a separate conference, Treasury Secretary Henry ...
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