Archive for October 4th, 2008

What I heard at lunch today

Saturday, October 4th, 2008

I wanted to share something that happened at lunch today.
I was listening to a group of guys at the local sandwich shop
talking about the turmoil in the markets (they used another word
for turmoil, but I’m a family guy and can’t type it)…
Are you one of them? Listen to what they had to say when they
talked […]

President Bush Signs Historic U.S. Bailout Bill

Saturday, October 4th, 2008

In my previous post I mentioned that the U.S. House of Representatives passed the $700bn bail-out plan, but I forgot to also mention that on the same day President Bush signed the new bill - dubbed “The Financial Stability Act of 2008″ - into law. So it is now officially the law of the land […]

U.S. House of Representatives backs $700bn bail-out plan

Saturday, October 4th, 2008

 
I had a strong feeling this financial rescue package would pass and I turned out to be right. The US House of Representatives voted in favor of the $700bn financial rescue plan after rejecting an earlier version. The 263-171 vote was the second in a week, following its shock rejection of an earlier version on […]