U.S. Regulators Announce $250 bln Equity Plan
October 14, 2008 at 14:28 PM EDT
The U.S. government released on Tuesday a plan to take equity stakes worth up to $250 billion in financial institutions. The incursion into the private sector was called a regrettable alternative of last resort by the regulators, but a necessary one that will help strengthen public confidence in the financial institutions and ensure the proper [...]