The proceeds go to the early intervention program for developmentally delayed infants and toddlers in El Dorado County. Family Connections, 344 Placerville Drive, Ste. 10, Placerville. Donations www.familyconnected.org For more information contact: Family Connections (530) 626-5164
TOKYO (Reuters) - The Treasury could pump $250 billion into U.S. banks in what Federal Reserve Chairman Ben Bernanke called on Tuesday a comprehensive attempt to end the credit crisis, restoring market confidence and sending Tokyo stocks up 14 percent.
WASHINGTON (Reuters) - U.S. automakers could turn to Congress after the November election to try to expedite $25 billion in government-backed loans, which Detroit manufacturers consider crucial to reversing their steep downward spiral.
SINGAPORE (Reuters) - Federal Reserve Chairman Ben Bernanke said a U.S. financial rescue plan to be fleshed out on Tuesday would restore normality to markets and lay the groundwork for economic recovery.
(Reuters) - Permal Investment Management, the hedge fund investment division of U.S. asset manager Legg Mason Inc , is aiming to raise up to $500 million to take advantage of a boom in distressed sales of hedge fund holdings, the Financial Times said.
TOKYO (Reuters) - The Nikkei average soared more than 14 percent on Tuesday, the biggest one-day gain in its 58-year history, after governments around the world pledged to support struggling banks and restore confidence in the financial system.
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