To the Point
Bush Administration, Central Banks Try to Reassure Markets
President Bush cancelled political fundraisers today to stay in Washington and confer with his advisors about what he calls " adjustments " in the financial markets. Yesterday's bailout of insurance giant AIG did not improve investor confidence.
By Warren Olney • • 1 min readPresident Bush cancelled political fundraisers today to stay in Washington and confer with his advisors about what he calls "adjustments" in the financial markets. Yesterday's bailout of insurance giant AIG did not improve investor confidence. This morning, central banks in America, Europe and Asia promised another $180 billion to calm investors' fears. Evan Newmark reports for the Wall Street Journal.
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The Financial Crisis and Presidential Politics- 1:34Bush Administration, Central Banks Try to Reassure MarketsYou’re reading this
- 7:32How Would the Candidates Fix This Financial Mess?
- 40:40More Military and Civilian Deaths in Afghanistan
The full episode
1 of 3The Financial Crisis and Presidential Politics- 1:34Bush Administration, Central Banks Try to Reassure MarketsYou’re reading this
- 7:32How Would the Candidates Fix This Financial Mess?
- 40:40More Military and Civilian Deaths in Afghanistan