The Obama administration took a fresh shot at ending a national paralysis in lending today, saying it will team with investors to initially buy up to a half-trillion dollars of bad bank assets and ease credit for consumers and businesses.
By Martin Crutsinger The Associated Press , Denver Post: Business
Mon, 03/23/2009 - 7:59am
The Obama administration took a fresh shot at ending a national paralysis in lending today, saying it will team with investors to initially buy up to a half-trillion dollars of bad bank assets and ease credit for consumers and businesses.