The US House of Representatives has voted in favor of a revised 700 billion dollar Senate approves Wall Street Bailout bill ...
Deutsche Bank swoops on Postbank ... financial rescue package.
After rejecting the original version last Monday, the House followed the lead of the Senate on Wednesday and approved the bailout plan by a larger than expected margin, with 263 in favor and 171 opposed. The new package includes 150 billion dollars in tax breaks and allows the government to buy the distressed bank assets that triggered the financial crisis in the first place.
(Deutsche Welle)
more info >>
<< Back