| Part Of President's Working Group (PWG) Announcement on Market Stability Initiative
Report Video IssueRestoring Financial Markets
2008-10-14T20:05:58-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZTQyXC8yODE3NzEtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Secretary Paulson, Chairman Bernanke, and Chairman Bair and other members of the President’s Working Group on Financial Markets spoke to reporters about a series of comprehensive actions to strengthen public confidence in financial institutions and restore the functioning of credit markets. The Treasury Department plan included $250 billion to purchase equity stock in financial institutions. The plan also included guarantees on new bank debts and limits on executive pay.
Secretary Paulson, Chairman Bernanke, and Chairman Bair and other members of the President’s Working Group on Financial Markets spoke to rep… read more
Secretary Paulson, Chairman Bernanke, and Chairman Bair and other members of the President’s Working Group on Financial Markets spoke to reporters about a series of comprehensive actions to strengthen public confidence in financial institutions and restore the functioning of credit markets. The Treasury Department plan included $250 billion to purchase equity stock in financial institutions. The plan also included guarantees on new bank debts and limits on executive pay. close
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