March 6, 2009
The FDIC is reportedly at risk of going broke this year.
Wired PR News.com – The FDIC could possibly go broke this year. As reported by AFP, the government has warned that escalating bank failures could lead to worsened financial troubles for the Federal Deposit Insurance Corporation (FDIC).
Shelia Blair, who heads the FDIC, reportedly sent a […]
February 8, 2009
Some Republicans break ranks and agree to back Stimulus Bill.
Wired PR News.com – Democrats and a handful of Republicans came to an agreement on Friday for an emergency stimulus plan. As reported by the Associated Press (AP), a few Republicans broke from the stance of the majority of their party members and agreed to back […]
February 8, 2009
Auto suppliers are reportedly in talks to obtain emergency funding for sustainability through the economic crisis.
Wired PR News.com – Auto suppliers in the United States are said to be in talks with the Treasury Department for emergency funding that would keep them afloat while getting past the recession. As reported by Reuters, parts suppliers spoke […]
January 14, 2009
President Bush asks Congress for $350 billion in funds still outstanding from bailout aid.
Wired PR News.com – In an act of what has been described as exemplary teamwork between the incoming and outgoing United States presidents, President Bush has requested the outstanding bailout aid from Congress, which will allow President Elect Obama quicker access to […]
December 26, 2008
A much anticipated new economic stimulus package may soon be reached according to Vice President Elect Joe Biden.
Wired PR News.com – The United States government may soon announce plans to distribute a new emergency stimulus package to jumpstart the failing economy. As reported by Reuters, Vice President Elect Joe Biden announced that an agreement was […]
December 20, 2008
Bush gives automakers short-term assistance, while many foresee turning to the Obama Administration for long-term help.
Wired PR News.com – Bush recently announced that he would give troubled carmakers $17.4 billion in emergency loans topping the $14 billion assistance package bill killed in Congress days prior. As reported by the Associated Press (AP), the President stated […]
