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Saturday, September 27, 2008

Bailout: Meetings Continue

by Calculated Risk on 9/27/2008 04:40:00 PM

Not much new except a new thread...

According to the WSJ the meeting started at 3PM ET with four negotiators: Senators Dodd (D-Connecticut) and Gregg (R-New Hampshire), and Congressman Frank (D-Massachusetts) and Blunt (R-Missouri).

The story notes that the Treasury is pushing for a larger initial installment ($500 billion as opposed to $250 billion). Also the insurance idea might be included as optional, although I think everyone realizes no one will be interested.