ALERT
With the current economic and financial turbulence, Roubini Global Economics is providing additional extended analysis of ongoing and breaking events.
Click here to receive full access for a limited time.
Sept. 20 (Bloomberg) -- The Bush administration asked Congress for unchecked power to buy $700 billion in bad mortgage investments from U.S. financial companies in what would be an unprecedented government intrusion into the markets.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a1hr1v2FUeAg&refer=home