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The Bush administration plans to spend as much as $250 billion of the $700 billion bailout buying stock in private banks, greatly expanding protections for the U.S. financial system out of deep unease over the faltering economy, industry and government officials said Monday night.hr noshade size=1 width=50%>
WASHINGTON (AP) - Scrambling for a swift deal on the US$700 billion bailout for failing financial firms, crucial Democrats and Bush administration officials agreed Monday to include mortgage help for beleaguered homeowners but wrangled over other issues that included unprecedented help for executives who would benefit from the rescue.
The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the mother of all bailouts'' - a US$700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.
The Bush administration insisted Sunday that Congress must move quickly to approve what one lawmaker called the mother of all bailouts'' _ a $700 billion proposal to buy a mountain of bad mortgage debt in an effort to unfreeze the nation's credit markets.
2008 CEO outlook with Bandar Raya Developments CEO Datuk Jagan Sabapathy, Wah Seong managing director and group CEO Chan Cheu Leong, and Minority Shareholders Watchdog Group CEO Abdul Wahab Sidek.
Crude palm oil prices are expected to be well-supported by structural changes in global supply and demand for related commodities, says KL Kepong group plantations director Roy Lim Kiam Chye. PricewaterhouseCoopers managing director Chin Kwai Fatt advises companies to consider an assessment or reasssessment of their positions in corporate responsibility and align such initiatives to their business. At Glomac, group managing director Datuk Fateh Iskandar Mohamed Mansor sees plenty of signs that the property market has only started to go on an upswing.