Tuesday, September 30, 2008

FDIC Increase May Sway Lawmakers On Bailout Vote

FDIC Increase May Sway Lawmakers On Bailout Vote

Rep. Marcy Kaptur (D-OH) (C) , Rep. Peter DeFazio (D-OR) (L) Rep. Donna Edwards (D-MD) (R) participate in a news conference about the rescue plan that failed to pass in Congress yesterday. on Sept., 30 2008, in Washington D.C. Source: Mark Wilson/Getty Images

Congressional leaders, President Bush and the two rivals to succeed him rummaged through ideas new and old Tuesday, desperately seeking to change a dozen House members' votes and pass a multibillion-dollar economic rescue plan. At the top of the list: Raise confidence in the banking system by increasing the government's insurance.

More

http://www.house.gov/apps/list/press/financialsvcs_dem/press092808.shtml

http://cbs4.com/business/credit.crisis.timeline.2.818699.html

http://cbs4.com/marketsummary

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