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A collection of news and information related to The White House published by Tribune Company sources.
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U.S. summons banks to meet on $700B rescue plan
The Associated PressThe Bush administration summoned executives from leading financial firms to a meeting Monday to work out details of the $700 billion plan aimed at thawing frozen bank lending that is stifling the economy. Treasury Department spokeswoman Brookly...Tags: Federal Reserve, American International Group, Henry Paulson, Freddie Mac, Central Bank
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Promise of aid for banks cheers investors
The Associated PressWall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose about 7...Tags: Federal Reserve, Stock Market, Bonds, Stock Activities, Financial Markets
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Wall Street rescue to include Treasury stakes in healthy banks, Neel Kashkari says
Los Angeles Times Staff WriterWASHINGTON -- The Treasury official overseeing the $700-billion rescue operation for troubled banks said today the government will buy stakes in healthy banks as well as those that are struggling. "We are designing a standardized program to purchase...Tags: Silvio Berlusconi, George Bush, U.S. Department of Treasury, Government, CEO Pay
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Paul Krugman wins the Nobel economics prize
Associated Press WritersPaul Krugman, the Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect international trade patterns. Krugman has been a harsh critic of...Tags: Laurel, Trade Policy, Globalization, Periodicals, Awards and Prizes
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Bush says administration will keep working to help banks gain access to capital
Associated Press WriterWASHINGTON (AP) _ President Bush said Monday that his administration will work to implement measures to help banks gain access to capital, strengthen the financial system and unfreeze credit markets. "These are tough times for our economies yet we can be...Tags: Silvio Berlusconi, National Government, Heads of State, Wars and Interventions, George Bush
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Treasury, Fed to meet with leading financial firms to finalize rescue plan details.
AP Economics WriterWASHINGTON (AP) _ Major stock markets around the world rose for the first time in days Monday as the U.S. said it plans to swiftly implement a broad financial rescue package and Europe put almost $2 trillion on the line to break the lending logjam...Tags: Legal Services, Federal Reserve, Silvio Berlusconi, Morgan Stanley Dean Witter & Company, U.S. Department of Treasury
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Marion's mayor since 1963 getting statue
The man who's been Marion's mayor since John F. Kennedy occupied the White House is being immortalized in the southern Illinois city. A statue of Mayor Bob Butler is coming to Marion's town square. The idea started as a joke years ago, with the...Tags: John F. Kennedy, Sculpture, Regional Authority
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LI debate: Last chance for Obama-McCain 'illegals' clash
Spin CycleImmigration policy has drawn remarkably little mention in this huge general-election campaign ??? and some want to see the presidential candidates confront the issue in their final debate Wednesday at Hofstra University. One year ago, nothing in...Tags: Illegal Immigrants, Demographics, Hillary Clinton, Barack Obama, Government
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Clintons join Biden in Pa. to attack McCain
Associated PressDemocratic vice presidential candidate Joe Biden accused the McCain campaign yesterday of trying to distract Americans from their economic woes by launching "unbecoming personal attacks" at Barack Obama. Appearing at a boisterous rally near his childhood...Tags: Muhlenberg College, Political Candidates, Hillary Clinton, United States of America, Sarah Palin
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Paulson: U.S. can't take isolated role
Associated PressAppealing for global unity in a time of crisis, Treasury Secretary Henry M. Paulson Jr. said yesterday that isolationism and protectionism do not offer a way to contain the spreading damage. He expressed concern about the fallout on poor countries....Tags: Federal Reserve, Trade Policy, Globalization, Henry Paulson, Foreign Aid
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THIS DATE IN HISTORY
A.D. 54 Roman emperor Claudius I died, poisoned apparently at the behest of his wife, Agrippina. 1792 The cornerstone of the executive mansion, later known as the White House, was laid in the District of Columbia. -
almanac: Oct. 13, the 287th day of 2008
There are 79 days left in the year. This is the Columbus Day holiday in the United States, and it is Thanksgiving Day in Canada. Today's highlight in history: On Oct. 13, 1792, the cornerstone of the executive mansion, later known as the White House, was...Tags: Thanksgiving, Edward Albee, Public Holidays
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Los Angeles Times
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Associated Press
Oct 13, 2008
|Blog| Newsday
Oct 13, 2008
|Story| Baltimore Sun
Oct 13, 2008
|Story| Baltimore Sun
Oct 13, 2008
|Story| Newsday
Oct 13, 2008
|Story| Hartford Courant
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