The US Treasury will pump $250 billion into banks in return for preference shares. That's step three of the bailout being executed, as promised by the US government. Participating banks will have to agree to a $500,000 cap on CEO compensation and a ban on golden parachute payments.
The House had on Monday rejected Bush administration's bailout plan.
http://www.ibnlive.com/news/us-house-of-representatives-passes-bailout-bill/74983-2.html
Richard Boucher speaks to CNN-IBN about the Indo-US nuclear deal.
http://www.ibnlive.com/news/exclusive-boucher-on-green-signal-to-ndeal/74974-2.html
Revised bailout plan passed, the Wall Street stocks rallied on expectation.
http://www.ibnlive.com/news/us-congress-passes-revised-700-billion-bailout-plan/74948-2.html
The House shot the bill down on Monday but now it is back with several new provisions.
http://www.ibnlive.com/news/us-house-to-reconsider-financial-bailout-bill/74895-2.html
The deal went through many highs and lows before being passed.
http://www.ibnlive.com/news/watch-historic-indous-ndeal-finally-inked/74869-2.html
The Indo-US Agreement sailed through the US Senate on Wednesday.
http://www.ibnlive.com/news/watch-long-process-leading-up-to-ndeal/74847-2.html
Test by India will result in most serious consequences: Rice assured Senate.
http://www.ibnlive.com/news/rice-reminds-ndeal-rider-no-testing-or-auto-cutoff/74825-2.html
Manmohan Singh and George Bush in July 2005 agreed to a nuclear cooperation deal.
http://www.ibnlive.com/news/chronology-twists-and-turns-in-the-indous-ndeal/74821-2.html
While 74 voted for, 25 voted against the bailout plan in the US Senate.
http://www.ibnlive.com/news/us-senate-passes-700-bn-bailout-plan/74819-2.html
In the 100-member Senate, 86 members voted for the deal, while 13 opposed it.
http://www.ibnlive.com/news/us-senate-passes-indous-nuclear-deal/74818-2.html
The Senate began debating the Indo-US nuclear deal on Wednesday.
http://www.ibnlive.com/news/us-senate-begins-debating-ndeal/74806-2.html
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