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RD Today => All the News => World & Lebanon Latest News => Topic started by: riky on January 31, 2009, 03:00:52 AM

Title: Geithner, Bernanke work on $700B bailout overhaul (AP)
Post by: riky on January 31, 2009, 03:00:52 AM
Geithner, Bernanke work on $700B bailout overhaul
    (AP)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/afp/20090130/capt.photo_1233354893007-2-0.jpg?x=130&y=84&q=85&sig=rrv1K31pdv9sGIzy25E31w--" align="left" height="84" width="130" alt="US President Barack Obama, seen here on January 29, 2009, sits alongside Treasury Secretary Timothy Geithner (L) during meetings in the Oval Office of the White House in Washington, DC. President Barack Obama and China's President Hu Jintao Friday agreed to forge "more positive" ties between their giant nations in their first telephone call since the US leader came to power.(AFP/File/Saul Loeb)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20090131/ap_on_bi_ge/meltdown_geithner)AP - Treasury Secretary Timothy Geithner met with top government officials Friday to refine the administration's plan for overhauling the $700 billion bailout program and improve regulation of the financial system. The administration is working on proposals for how it will use the last $350 billion from the rescue program. But the measures being considered could end up costing taxpayers hundreds of billions of dollars beyond the original $700 billion.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20090131/ap_on_bi_ge/meltdown_geithner