An offer they couldn't refuse

US Treasury secretary Hank Paulson's plan to buy troubled assets could prove the vital action in averting a financial meltdown. But only if the Treasury can take the right steps to put a floor under the market, says Claire Jones, the editor of Central Bank News.

When Hank Paulson got down on his knees and begged Nancy Pelosi, the Democratic speaker of the house, to pass his plan to save Wall Street, Pelosi replied: "It's not me blowing this up, it's the Republicans." Ironically, it is from

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