The U.S. Treasury on Tuesday unveiled a revamped financial rescue plan to
cleanse $500 billion in spoiled assets from banks' books and support $1
trillion in new lending through an expanded Federal Reserve program.
To read more, double-click on the square brackets below: > US unveils banking bailout; Senate approves stimulus bill > U.S. offers new bank rescue plan, stocks fall > FACTBOX-Geithner's plan for US financial stability > FACTSHEET-US Treasury's new financial rescue steps > TEXT-US's Geithner announcement on financial rescue steps > SNAP ANALYSIS-More questions than answers in US bank plan > ANALYSIS-Geithner on the defensive in his big debut > ANALYSIS-US Treasury stirs bond investors hope, not action
MARKET REACTION: > INSTANT VIEW-US announces $1.5 trln plan to help banks > US STOCKS-Wall St sinks over 4.0 pct on bank plan concern > US TREASURIES-Bond prices jump after financial rescue plan > FOREX-US dollar, yen rise as US bank plan fails to inspire > Bank CDS spreads wider after Geithner plan announced
Keywords: FINANCIAL/BAILOUT TAKEALOOK (New York Treasury Desk +1-646-223-6300) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
To read more, double-click on the square brackets below: > US unveils banking bailout; Senate approves stimulus bill > U.S. offers new bank rescue plan, stocks fall > FACTBOX-Geithner's plan for US financial stability > FACTSHEET-US Treasury's new financial rescue steps > TEXT-US's Geithner announcement on financial rescue steps > SNAP ANALYSIS-More questions than answers in US bank plan > ANALYSIS-Geithner on the defensive in his big debut > ANALYSIS-US Treasury stirs bond investors hope, not action
MARKET REACTION: > INSTANT VIEW-US announces $1.5 trln plan to help banks > US STOCKS-Wall St sinks over 4.0 pct on bank plan concern > US TREASURIES-Bond prices jump after financial rescue plan > FOREX-US dollar, yen rise as US bank plan fails to inspire > Bank CDS spreads wider after Geithner plan announced
Keywords: FINANCIAL/BAILOUT TAKEALOOK (New York Treasury Desk +1-646-223-6300) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.