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Another $350 billion: Bush may soon request rest of bailout

Jan 10, 2009
 
Story Timeline:  318 days

The White House notified Congressional Democrats on Friday that it is considering asking for the second half of the $700 bailout funding. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS By Jeanne Sahadi, CNNMoney.com senior writer A CNN-Fortune Special Investigation CNN's Christine Romans and Fortune Managing Editor Andy Serwer dig into what could be one of the biggest financial scandals of all time. Saturday Jan. 10 & Sunday Jan. 11 8 pm ET NEW YORK (CNNMoney.com) -- The Bush administration may soon ask Congress for the remaining $350 billion from the $700 billion Troubled Asset Relief Program (TARP) passed in October, a Democratic leadership source confirms to CNN. Congressional Democrats were notified Friday afternoon by the White House that they could get a request soon for the second... [read full story]                    

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