12

Nov

US shifts rescue away from buying toxic mortgage assets (AFP)

Filed Under (Personal Finance) by on 12-11-2008

US authorities are scrapping plans to buy up toxic mortgages securities and shifting the focus of a massive financial rescue plan, Treasury Secretary Henry Paulson, seen here in October 2008 in Washington, DC said Wednesday.(AFP/Getty Images/File/Brendan Smialowski)AFP - US authorities have scrapped plans to buy up toxic mortgage securities and are shifting the focus of a massive financial rescue plan, Treasury Secretary Henry Paulson said Wednesday.

--- AFP ...

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One Response to “US shifts rescue away from buying toxic mortgage assets (AFP)”

  1. US drops plan to buy toxic assets | G.O.O.D on 12 Nov 2008 at 7:28 pm #

    [...] US shifts rescue away from buying toxic mortgage assets (AFP) [...]

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