US to buy 250 billion dollars of bank shares

Us Buy 250 Billion Dollars Bank Shares - Politics, Business, Civil, History - Posted: 14th Oct, 2008 - 7:54pm

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Business - European Economy
Post Date: 14th Oct, 2008 - 7:54pm / Post ID: #

US to buy 250 billion dollars of bank shares

US to buy 250 billion dollars of bank shares (AFP)
European Business News

Traders at the Frankfurt Stock Exchange. The United States will buy up to 250 billion dollars worth of bank shares in the latest bid to end the financial crisis, officials said Tuesday, as forecasters warned two key European economies were falling into recession.(AFP/DDP/Martin Oeser)AFP - The United States will buy up to 250 billion dollars worth of bank shares as it battles to halt the financial crisis, officials said Tuesday, as forecasters warned two key European economies were falling into recession.



Source: Yahoo! News: Business - European Economy

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