| | | Moody's Says Government Plan Will Help, But Not Solve Banking Crisis | | | Tue, 14 Oct 2008 14:11:35 EST
News on Tuesday that the U.S. government will prop up financial institutions with up to $250 billion in equity injections will work to address key risks in the U.S. banking sector, but won't solve all of the challenges facing banks. "The actions taken by the Government are very positive steps in helping to restore confidence in the U.S. banking system," Moody's said in its report. "Moody's believes that these actions will support greater stability for ratings of U.S. banks, although Moody's does not expect widespread upgrades of bank ratings to result from the programs."
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| CNBC Videos 10/14/2008 11:13:43 AM Insight on the plan to inject $250B into the nation's leading banks, with Sheila Bair, Federal Deposit Insurance Corporation (FDIC) chair |
| CNBC Videos 10/14/2008 1:19:06 PM Whether the injection into banks is too much intervention by the government, with Dean Baker, Center for Economic & Policy Research and Jack Burkman, J.M. Burkman & Associates |
| CNBC Videos 10/14/2008 7:03:13 AM The Treasury is ready to inject $250B into U.S. banks to restore normal market functioning, reports CNBC's Steve Liesman |
| CNBC Videos 10/14/2008 8:21:58 AM Discussing the liquidity crisis and the state of commercial real estate, with Donald Trump, Trump Organization chairman/president |
| CNBC Videos 10/14/2008 8:34:26 AM President George W. Bush discusses the government's efforts to solve the financial crisis. |
| CNBC Videos 10/14/2008 9:22:16 AM Fed Chairman Ben Bernanke comments on the government's plan to solve the financial crisis. |
| CNBC Videos 10/14/2008 9:24:19 AM Treasury Secretary Hank Paulson discusses the government's market stability initiative. |
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