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Friday, Oct. 10, 2008

Sound the Alarm! Bank Buying Ahead

The British bank rescue plan is coming! The British bank rescue

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Guest Business Blog: ReedBiz

Sound the Alarm! Bank Buying Ahead

The British bank rescue plan is coming! The British bank rescue plan is coming!
Treasury Secretary Hank Paulson doesn't resemble Paul Revere, our country's famous midnight rider, but he's definitely signaling that a British-backed effort to resolve the banking and economic crisis is on the way to America. Following the Brits lead, Paulson now wants to put taxpayer money directly into banks, often in return for ownership stakes.

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Bob Reed is a guest blogger on ExpressMilwaukee and you can find his blog at:  ReedBiz/Bob Reed.