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My WBZ Afternoon Headlines 10/17/2008
Investors hope Wall Street can bounce back like the Red Sox, President Bush defends his actions, these stories and more, in the WBZ Afternoon News.
Audio|Fri, 17 Oct 2008|More from WBZ NewsRadio Headlines
|FDICfound at10:55
“…quick decisions. First republic bank it's a privilege to serve -- member FDIC. . …”
Steve Syre
The Boston Globe business columnist joins Finneran's Forum every morning for Boston Business Today, giving you the latest on the economic crisis and what it means to you.
Audio|Tue, 14 Oct 2008|More from Finneran's Forum
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“…Of the business report is brought to -- TD BankNorth the remember FDIC you can stop by today for safe. High yields CD hey Steve side -- that now goes out of 936. …”
“…Steve's site has been brought to buy TD bank -- remember FDIC. . Stopped by today for safe. High yield CD -- TD BankNorth -- have a that I would back to you had a …”
Bush announces new step to steady banking industry
(NECN: Peter Howe) - This morning, President Bush announced a $250 billion plan by the government to buy shares in the nation's banks. The FDIC will also temporarily guarantee most new debt issued by insured banks. Meanwhile, stocks have been...
Video|Tue, 14 Oct 2008|More from Boston.com
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“…plan by the government to buy shares in the nation's banks. The FDIC will also temporarily guarantee most new debt issued by insured banks stocks have been fluctuating today. The Dow started off with a …”
“…are also the lifeblood of many money market mutual funds also be FDIC. . We'll begin insuring Interbank loans in a matter of days -- And yeah how big -- stake is the government taking in …”
Bush praises action by G-7
(NECN) - On Tuesday morning, President Bush announced a $250 billion plan by the government to buy stocks in banks. The following video is from from the Rose Garden of the White House. "These efforts are designed to directly benef...
Video|Tue, 14 Oct 2008|More from Boston.com
|FDICfound at2:59
“…for cars and homes and for small businesses to expand. Third the FDIC will immediately. And temporarily. Expand government insurance. To cover all noninterest bearing transaction. Accounts. These accounts are used primarily by small businesses. …”
Paulson discusses new steps to steady banking industry
(NECN: Washington) - Treasury Secretary Henry Paulson spoke this morning of new steps to steady the banking industry. The $250 billion plan by the government will directly buy shares in the nation's leading banks. Nine major banks will partic...
Video|Tue, 14 Oct 2008|More from Boston.com
|FDICfound at0:57
“…gave important new tools to the treasury. The Federal Reserve and the FDIC to meet the challenges posed by our economy. My colleagues and I are working creatively and collaborative -- to deploy these tools. …”
Banks sell shares to Treasury
(NECN: Peter Howe) - It has been another topsy turvy day on Wall Street, with the Dow bouncing in and out of positive territory. The Dow closed just moments ago, down 64 points. Investors have been digesting President Bush's new banking i...
Video|Tue, 14 Oct 2008|More from Boston.com
|FDICfound at2:34
“…commercial paper business -- short term financing lifeblood on October 27. The FDIC will ensure Interbank loans and President Bush's triggering the next hundred billion in bailout funds after the first 250 the. …”
Bush looks to end credit crisis
(NECN/ABC) - International markets and Wall Street are jubilant to start on Tuesday. Later Tuesday morning, President Bush will announce the latest government move intended to end the credit crisis. It will likely include spending...
Video|Tue, 14 Oct 2008|More from Boston.com
|FDICfound at1:13
“…The FDIC will also temporarily insure loans between banks. The bull to restore confidence by investors and other banks to increase lending. …”
Bush: anxiety feeding market instability
President Bush said Friday that the government's financial rescue plan was aggressive enough and big enough to work, but would take time to fully kick in.
Audio|Fri, 10 Oct 2008|More from WBZ's More on This
|Federal Deposit Insurance Corporationfound at3:04, 7:29
“…some Americans are concerned about whether their money is safe. So the Federal Deposit Insurance Corporation and the National Credit Union Administration. Have significantly expanded the amount of money insured savings accounts and checking accounts and certificates of …”
“…Hank Paulson. Federal Reserve Chairman Ben Bernanke. SEC chairman Chris Cox and FDIC chair Sheila Blair. I thank them and they're dedicated teams for their service during this important moment. In our country's history. It's …”
Bush Tries Again To Calm Financial Fears
In a Rose Garden speech, President George W. Bush said the federal government's financial rescue plan is aggressive, but will take time to work.
Video|Fri, 10 Oct 2008|More from bos
|Federal Deposit Insurance Corporationfound at2:36
“…some Americans are concerned about whether their money is safe. So the Federal Deposit Insurance Corporation and the National Credit Union Administration. Have significantly expanded the amount of money insured savings accounts and checking accounts and certificates of …”
Bank of America surges in MA
(NECN) - Competitors Sovereign Bank and Citizens Bank are being beaten out by Bank of America, as the company is gaining market share in Massachusetts. Bank of America's deposits surged by $4.1 billion, or 13-percent, over the past year in...
Video|Thu, 9 Oct 2008|More from Boston.com
|FDICfound at1:44
“…of banks are touting and that their deposits -- security the FDIC just approved. That deposits are insured up to 250000. Dollars I know that. I just talked the sovereign yesterday they're really pushing …”