PDA

View Full Version : Rep. Frank: bailout funds must be used for lending (Reuters)


Yahoo! Finance
10-31-2008, 11:50 AM
<b>Yahoo! Finance: Mutual Fund News</b>

Companies receiving public money under a U.S. government financial rescue program must use it for lending or they will be violating the law, the powerful chairman of the U.S. House of Representatives Financial Services Committee said on Friday.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/081031/business_us_financial_bailout_frank.html?.v=1)