TITLE

The $700 Billion Bailout Is Cheap

AUTHOR(S)
Poltenson, Norman
PUB. DATE
October 2008
SOURCE
Business Journal (Central New York);10/10/2008, Vol. 22 Issue 41, p28
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author presents his view on U.S. Treasury Secretary Paulson's $700 billion bailout plan. He asserts that the obvious impact to Paulson's bailout plan is that it will remove the panic that seized the improvement in stock markets and would bring investors into normalcy. However, he points out, that despite the bailout plan, the stock markets continue to shed trillions in value, suggesting that the public has no faith in the bailout solution.
ACCESSION #
34989803

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics