Treasury Department's Nationalization Plan

Tue, 10/14/2008 - 13:03
  • Artist: Leigh Ann Caldwell
  • Length: 3:54 minutes (3.58 MB)
  • Format: MP3 Mono 44kHz 128Kbps (CBR)

The Treasury Department unveils a plan to buy up to $250 billion worth of US banks and financial institutions. This partial nationalization of the banks is a drastic move not seen since the Great Depression. Also monumental, the US will place limits on executive compensation.  FSRN's Leigh Ann Caldwell reports.

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