Sunday, September 21, 2008

Paulson: Foreign banks can use U.S. rescue plan (Reuters)

Treasury Secretary Henry Paulson speaks about the U.S. government plan to attack financial market weakness by buying up risky loans at a news conference at the Treasury Department in Washington, September 19, 2008. (Jason Reed/Reuters)Reuters - Treasury Secretary Henry Paulson
said Sunday that foreign banks will be able to unload bad
financial assets under a $700 billion U.S. proposal aimed at
restoring order during a devastating financial crisis.


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US finally demonstrate the role of world leader that supposed to play although we not know the detail yet.

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