Breaking News Alert The New York Times Wednesday, November 12, 2008 -- 11:22 AM ET ----- Paulson Shifts Bailout Focus to Borrowers and Non-Banks Treasury Secretary Henry M. Paulson Jr. said that the $700 billion financial bailout program would not be used to buy troubled mortgage-backed assets, as originally intended. Instead, capital would be provided directly to nonbank companies as well as banks and financial institutions, and that more would be done to prevent home foreclosures. Read More: http://www.nytimes.com/?emc=na ----- Now get the New York Times Breaking News to your mobile phone. Sign up for the alerts by texting NEWSALERTS to 698698 (NYTNYT). ----- About This E-Mail You received this message because you are signed up to receive Breaking News Alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2008 The New York Times Company
-- Posted By Breaking News to Break News at 11/12/2008 06:26:00 PM
