►Breakthrough Reached in Negotiations on Bailout - The New York TImes
WASHINGTON — Congressional leaders and the Bush administration reached a tentative agreement early Sunday on what may become the largest financial bailout in American history, authorizing the Treasury to purchase $700 billion in troubled debt from ailing firms in an extraordinary intervention to prevent widespread economic collapse. Continue reading here.
►Negotiators need to settle final details of rescue - The Huffington Post
WASHINGTON — After a breakthrough on a $700 billion Wall Street bailout, lawmakers and Bush administration now must settle the final details on a rescue intended to keep credit flowing and avert a crippling recession. Continue reading here.
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