...we have continued to examine the relative benefits of purchasing illiquid mortgage-related assets. Our assessment at this time is that this is not the most effective way to use TARP funds, but we will continue to examine whether targeted forms of asset purchase can play a useful role... Read the Article

Quoted by johncapello on Nov. 12th, 2008

Should the Treasury endorse a merger between GM + Chysler? (16 quotes)

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Edmund L. Andrews and Bill Vlasic

General Comments (10 quotes)

G.M. and the parent of Chrysler, Cerberus Capital Management, are in talks to possibly merge the two companies...People close to the talks said G.M. needs between $5 billion and $10 billion in assistance, mainly to cover G.M.’s own needs between now and the time of the merger. Read the Article

Quoted by brownlu on Oct. 28th, 2008

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Is Congress rushing into approving the Treasury's $700 billion bailout plan? (43 quotes)

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New York Times Editorial Board

Yes, expediency is driving Congress to a (22 quotes)

No one is saying the financial crisis is not serious and urgent. We know that it will be hard for lawmakers to resist White House pressure--especially if the Dow continues to drop. But it is essential that Congress takes the time to get the bailout right, even if it cuts into lawmakers’ campaigning. Read the Article

Quoted by vle on Sept. 23rd, 2008

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