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Economy: Rescue Plan #911464

ABC Evening News for Wednesday, Nov 12, 2008
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(Studio: Charles Gibson) Report introduced.

(Studio: Betsy Stark) The government's shift in the use of the economic rescue plan adopted by Congress that was designed to buy up bad mortgage loans via the Troubled Asset Relief Program examined; details given about what Treasury Secretary Henry Paulson said then and now. [PAULSON - says our system is more stable; comments on changing the strategy.] [UBS Financial Services Art CASHIN†- says TARP never got off the ground.] [Representative Barney FRANK - says more needs to be done to benefit the taxpayer.] Next week's hearings on the TARP program money for banks noted.

Gibson, Charles;
Stark, Betsy

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