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• Direct stake in banks has many precedents
Oct. 14: In the boldest government action in the banking system since the Great Depression, the Bush administration convinced nine of the nation's banks to agree to partial nationalization. NBC's Tom Costello reports. WASHINGTON - For all the thorny ...
• Bush, Paulson reverse course in bailout plan
The shift in approach suggests the administration had miscalculated the time it had to take corrective action before realizing the urgency of the crisis demanded the swiftest possible response. Scott Talbott, a lobbyist for the Financial Services ...
• Bank bailout is more Depression déjà vu
Socialism by another name? Oct. 14: In the boldest government action in the banking system since the Great Depression, the Bush administration convinced nine of the nation's banks to agree to partial nationalization. NBC's Tom Costello reports.
• U.S. could guarantee nearly $2 trillion for banks
The FDIC is taking this unprecedented action because we have faith in our economy, our country and our banking system," FDIC Chairman Sheila Bair said in a statement. "The overwhelming majority of banks are strong, safe and sound. A lack of ...
• 10 great moments in Madonna cinema
Am I the lone human being in the world who laughed while watching this sub-ridiculous, live-action Betty Boop-ish, “Bringing Up Baby” rip-off in its initial theatrical release? And it’s not that I saw it in a theater full of unlaughing people ...