U.S. News

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Chase execs can't help losing $20 billion

Chase spent $10 million lobbying this year to weaken regulations that would have prevented the $20 billion debacle. The loss underlines the need, of course, for stronger financial regulations

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Message to banks: ‘Time to bail us out’

Sick of profiteering, foreclosures and joblessness, thousands tell banks 'Enough is enough'

 

Obama administration unveils new financial bailout package

The Obama administration Tuesday morning unveiled a new financial bailout package that could top 1.5 trillion dollars to restore the U.S. ailing financial system.