Paulson To Speak With Top U.S. Bankers
Treasury Secretary Hank Paulson will meet with the heads of the top U.S. banks in Washington and by phone today at 3 p.m., as a plan moves forward for the federal government to invest directly in banks, nationalizing them to a degree in an attempt to stabilize them.
Also, Italian Prime Minister Silvio Berlusconi said that top officials in Europe will meet at the same time today to begin "concretely implementing" the financial relief plans made Friday by the G-7.
-- Frank Ahrens
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Posted by: david | October 13, 2008 12:12 PM
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