Results tagged “houserepublicans”

After key lawmakers felt a bailout plan agreement would be reached, talks "imploded" as the day progressed. Here's how the NY Times reports what happened:

The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation. It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas from a Treasury secretary who knelt before the House speaker and appealed for her support.

Continue reading "Bailout Talks Stall, Market Looks to Decline ... Or as Bush Says, "If Money Isn’t Loosened Up, This Sucker Could Go Down""