Yahoo! Finance
09-19-2008, 06:20 PM
<b>Yahoo! Finance: Mutual Fund News</b>
The details: RESCUE PLAN: The Bush administration is working on a plan to buy bad mortgages and other problem assets held by ailing banks and other financial institutions. Financial companies have suffered billions of dollars in losses as certain mortgage-backed securities soured when the housing market's collapse forced many people into foreclosure and dragged down home prices.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080919/financial_meltdown_glance.html?.v=2)
The details: RESCUE PLAN: The Bush administration is working on a plan to buy bad mortgages and other problem assets held by ailing banks and other financial institutions. Financial companies have suffered billions of dollars in losses as certain mortgage-backed securities soured when the housing market's collapse forced many people into foreclosure and dragged down home prices.
complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/080919/financial_meltdown_glance.html?.v=2)