Wednesday, November 12, 2008

Paulson says US bail-out is working (excerpt)

The $700bn (£494bn) US bail-out package has already "clearly helped stabilise" the financial system, US Treasury Secretary Henry Paulson has said.

...Mr Paulson's comments did little to ease continuing investor jitters, and Wall Street's main Dow Jones index ended Wednesday trading in New York down 4.7%.*

http://news.bbc.co.uk/2/hi/business/7724325.stm



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