1/26/2009

The Obama administration and Democratic congressional leaders said they were considering a number of options to help banks in the U.S. and to stabilize the economy. But the question on many people's minds is whether they are considering nationalizing much of the banking system. The Obama team has avoided the word altogether, while House Speaker Nancy Pelosi indicated that there is an internal debate going on regarding nationalization.

Full Story:
NYTimes.com

Related Summaries