The ‘green’ aspect of President Obama’s recovery plan has fallen short of expectations. More
Sunday’s Financial Times has confirmed that the administration will be putting Wall Street banks through a “stress test.” The $2,000bn bank bailout plan was announced last week ahead of formal discussions with the industry’s representatives. The bailout package includes financial assistance to purchase toxic assets from banks and a guarantee to cover some of the […] More
Congress is on track to vote on the stimulus bill today.
The stimulus plan is now estimated at $787 billion by the Congressional Budget Office More