Los Angeles Times | November 12, 2008 | 8:47 a.m. PT
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Treasury's Paulson says troubled assets will not be purchased
Treasury Secretary Henry Paulson said plans to purchase troubled
mortgage-backed securities are being delayed. He says he will instead
use his broad authority to inject money directly into banks and other
firms to prevent their failure.
More at: http://link.latimes.com/r/8PYSZD/32DPT/ZV6HYQ/C9YP/QSU1C/LE/t

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Posted By Breaking News to Break News at 11/12/2008 06:57:00 PM

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