Hank Paulson
latest news & developmentsNot much can be done for taxpayers who face being fleeced
It was a bad plan — but it was a plan. The refusal of the US House of Representatives to back Hank Paulson’s bail out takes us into new territory.
It’s the Fred and Fan show
Larry Elliott takes a look at the bail-out which is a nationalisation designed to avert the worst market collapse since the 1930s.