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Paulson: US Plans to Buy Financial Equity

US Treasury Secretary Henry Paulson gestures during his news conference in Washington, on October 10, 2008. Paulson said the Bush administration will move ahead with a plan to buy stock in financial institutions and to implement the new rescue package more 'swiftly and thoughtfully', and is expected to start announcing next week the private sector asset management firms that will help run the program.

US Treasury Secretary Henry Paulson gestures during his news conference in Washington, on October 10, 2008. Paulson said the Bush administration will move ahead with a plan to buy stock in financial institutions and to implement the new rescue package more 'swiftly and thoughtfully', and is expected to start announcing next week the private sector asset management firms that will help run the program.

(Xinhua News Agency October 11, 2008)

 


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