Paulson wants 2nd bag on money

Discussion in 'Wall St. News' started by WaveStrider, Dec 19, 2008.

  1. http://finance.yahoo.com/news/Paulson-Congress-needs-to-apf-13880208.html

    WASHINGTON (AP) -- Treasury Secretary Henry Paulson said Friday that Congress will need to release the last half of the $700 billion rescue fund because the first $350 billion has been committed.


    He can have it - but only if there are no conditions attached to the money and as long as there is no accounting for where it goes - because that's the deal the auto companies got...