Treasury Secretary Henry M. Paulson Jr. announced a series of moves yesterday that redefine the federal government's $700 billion rescue plan for the financial industry in order to tackle what he called a dire situation in the consumer credit markets. -
By Peter Whoriskey, David Cho and Binyamin Appelbaum
Treasury Redefines Its Rescue Program
Treasury Secretary Henry M. Paulson Jr. announced a series of moves yesterday that redefine the federal government's $700 billion rescue plan for the financial industry in order to tackle what he called a dire situation in the consumer credit markets.-
By Peter Whoriskey, David Cho and Binyamin Appelbaum