'Even as the Bush administration insists it won't risk public funds in a bailout, American taxpayers may already be liable for billions of dollars stemming from Federal Reserve and Treasury efforts to quell a financial crisis.'

Also see Senators ask for details on JPMorgan-Bear Stearns


"Americans are being asked to back a brand new kind of transaction, to the tune of tens of billions of dollars," Baucus said in a statement.

"Economic times are tight on Main Street as well as on Wall Street, and we have a responsibility to all taxpayers to review the details of this deal."

Comments: Be the first to add a comment

add a comment | go to forum thread