|
|
|
European bank giant Fortis partially nationalized
|
|
BRUSSELS, Belgium (AP) -- Dutch-Belgian bank and insurance giant Fortis NV was given a 11.2 billion euro ($16.4 billion) lifeline to avert insolvency as part of a wider bailout plan agreed to by Belgium, the Netherlands and Luxembourg, officials said Sunday.
|
|
The Full Text...
|
|
|
House GOP leaders endorse $700B financial bailout
|
|
WASHINGTON (AP) -- Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. The biggest U.S. bailout in history won the tentative support of both presidential candidates and goes to the House for a vote Monday.
|
|
The Full Text...
|
|
|
|
|
|
|
|
|
|
|
|