The cavalry is coming!
US Treasury Secretary Henry Paulson said after meeting members of Congress that legislation would be required to help rid US banks of their bad assets.
He said this was at the heart of the rescue plan, which will be worked out over the weekend.
BBC NEWS | Special Reports | US pledges financial rescue plan
It’s taken years of mismanagement and lack of oversight and regulation to create this problem and our noble leaders are planning on solving it over the weekend?!
Anyone who wasn’t worried before this announcement should be now.