Sept. 18 (Bloomberg) -- Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke pledged to work through the weekend on a plan requiring legislation aimed at alleviating the financial market turmoil.
The two regulators, in talks with lawmakers late today, sought support for a plan to help financial institutions remove from their balance sheets illiquid mortgage-related assets at the root of the year-long credit crisis. Congressional leaders said they intend to work to pass such legislation within days.
Sound like good news for the short term until Monday..
I think Dow will take this as a positive news
The two regulators, in talks with lawmakers late today, sought support for a plan to help financial institutions remove from their balance sheets illiquid mortgage-related assets at the root of the year-long credit crisis. Congressional leaders said they intend to work to pass such legislation within days.
Sound like good news for the short term until Monday..
I think Dow will take this as a positive news
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