Obama Overthrows Reagan’s Government-Bad Dogma to Rescue Market (Bloomberg)

Story date: 2009-04-27 02:14:38
Added on: 2009-04-27 01:51:41

April 27 (Bloomberg) -- Ronald Reagan used to joke that the nine most terrifying words in the English language were “I’m from the government and I’m here to help.”


Read more...

Related Stories:

• Citigroup May End Up With Government Rescue After Stock Skids (Bloomberg)

  Nov. 22 (Bloomberg) -- The U.S. government may step in to rescue Citigroup Inc. after a crisis in confidence erased half the...
  2008-11-21 11:42:46

• Homebuilder Confidence in U.S. Rose in April to Six-Month High (Bloomberg)

  April 15 (Bloomberg) -- Confidence among U.S. homebuilders in April increased to the highest level since October, a sign low lending rates...
  2009-04-15 12:29:40

• Money-Market Rate Declines on $700 Billion Bad-Debt Rescue Plan (Bloomberg.com)

  Sept. 22 (Bloomberg) -- The cost of borrowing in dollars overnight fell after the U.S. government widened the scope of its $700...
  2008-09-22 04:29:38

• Goldman's O'Neill Says Brown Should Mull U.K. Mortgage Rescue (Bloomberg.com)

  Sept. 23 (Bloomberg) -- Prime Minister Gordon Brown should weigh whether to follow the U.S.'s lead and pursue a government- backed rescue...
  2008-09-23 04:24:12

• Fannie, Freddie Rescue Won't End Ripple Effect: John F. Wasik - Bloomberg

  Sept. 15 (Bloomberg) -- The government rescue of hobbled U.S. mortgage giants Fannie Mae and Freddie Mac last week was like treating...
  2008-09-15 12:23:00

• ING Plans to Sell as Much as $10.6 Billion of Assets (Update1) - Bloomberg

  April 9 (Bloomberg) -- ING Groep NV , the biggest Dutch financial-services firm, plans to raise as much as 8 billion euros...
  2009-04-09 01:25:00

• Citi Gets Third Rescue as U.S. Plans to Raise Stake (Update1) (Bloomberg)

  Feb. 27 (Bloomberg) -- The U.S. government ratcheted up its effort to save Citigroup Inc. , agreeing to a third rescue attempt...
  2009-02-27 07:34:59

• German Business Confidence Rebounded From 26-Year Low in April (Bloomberg)

  April 24 (Bloomberg) -- German business confidence rose from a 26-year low in April as interest-rate cuts and government stimulus packages boosted...
  2009-04-24 03:38:16