Treasury backs away from plan to buy bad assets - Reuters

<font style="font-size:85%;font-family:arial, sans-serif;"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class="lh"><table border="0" align="right" cellspacing="0" style="font-size:100%;font-family:arial, sans-serif;"><tr><td width="80" align="center" style="padding-left:6px;" valign="top"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0i-0&fd=R&url=http://voanews.com/english/2008-11-12-voa48.cfm&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNEoz5vhG9AvyyaKmeyyY8gr9mvpoQ"><img src="http://news.google.com/news?imgefp=oJXNVYgYLawJ&imgurl=voanews.com/english/images/AP-US-treasury-sec-Henry-Paulson-190.jpg" width="80" height="77" alt="" border="1"><br><font size="-2">Voice of America</font></a></td></tr></table><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-0&fd=R&url=http://www.reuters.com/article/ousiv/idUSTRE4AB7P820081112&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNG_ZT3gvps5EyPPTcAv3rehPdA0qw"><b>Treasury backs away from plan to buy bad assets</b></a><br><font size="-1"><b><font color="#6f6f6f">Reuters -</font> 3 hours ago</b></font><br><font size="-1">By David Lawder WASHINGTON (Reuters) - The Bush administration on Wednesday publicly backed away from using a $700 billion bailout fund to buy toxic mortgage assets as originally intended, and said it will focus instead on shoring up financial <b>...</b></font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-1&fd=R&url=http://www.forbes.com/markets/2008/11/12/briefing-afternoon-paulson-markets-econ-cx_ss_1112markets31.html&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNHMIdP3CfXhHsFgN3z63U7hJH2DDw">Not-So-Sharp TARP</a> <font size="-1" color="#6f6f6f"> Forbes</font></font><br><font size="-1"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-2&fd=R&url=http://www.businessweek.com/bwdaily/dnflash/content/nov2008/db20081112_936116.htm%3Fchan%3Dtop%2Bnews_top%2Bnews%2Bindex%2B-%2Btemp_top%2Bstory&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNEm1Et2yRGTLW8iQz2PDe-v8kbDUA">The Bailout Plan: A Shift from Paulson</a> <font size="-1" color="#6f6f6f"> BusinessWeek</font></font><br><font size="-1" class="p"><a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-3&fd=R&url=http://www.marketwatch.com/news/story/paulson-flips-script-financial-rescue-plan/story.aspx%3Fguid%3D%257B2809B670-5F1F-4407-8079-836A5A05E8E5%257D&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNHVnTWRNAaIoCgO7htF_YvC--PHkw"> MarketWatch</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-4&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601103%26sid%3DaVgfVZDnnFh4%26refer%3Dus&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNEbjvFtg9E31kKGf7-vCvXMQGNgBA"> Bloomberg</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-5&fd=R&url=http://news.briefing.com/GeneralContent/Investor/Active/ArticlePopup/ArticlePopup.aspx%3FArticleId%3DSI20081112162822&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNEsTR4u_f2_IoQGup86uZy-v6lhHQ"> Briefing.com</a>  - <a rel="nofollow" target="_blank" href="http://news.google.com/news/url?sa=T&ct=us/0-0-6&fd=R&url=http://www.bizjournals.com/austin/stories/2008/11/10/daily35.html&cid=1269482384&ei=aFsbScOZO5iQM6u12M0D&usg=AFQjCNHwtwPwyey-1wJk5MRzd99nFPY6vQ"> Bizjournals.com</a></font><br/><font class="p" size="-1"><a rel="nofollow" class="p" target="_blank" href="http://news.google.com/news?oe=utf8&ie=robot&hl=en&ncl=1269482384"><b>all 1,561 news articles</b></a></font><br clear="all"> </div></font>