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  • Are we buying a $700 billion 'maybe'?

    09/26/2008 5:51:19 AM PDT · by TigerLikesRooster · 12 replies · 270+ views
    MSN Money ^ | 09/26/08 | Jim Jubak
    Are we buying a $700 billion 'maybe'? Just by seeking aid through the government's bailout, financial companies could be putting themselves at risk. And we wouldn't know for months whether the plan was working. By Jim Jubak What if they gave a $700 billion bailout and nobody came? It's a real possibility. And it would doom the plan to rescue Wall Street with $700 billion in taxpayer money. All the hearings and late-night meetings have focused on how to improve the plan proposed by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke. The modifications being considered would indeed...