Bailout Deal? Breaking NewsSeptember 27, 2008
Briefing about to begin at the Capital.
Lots of suits coming up to the mic…more later!
Deal to be put to paper overnight, formal announcement of agreement tomorrow. Both sides represented heavily at presser, looks legitimate.
Judd Gregg (R-NH) “Dramatic progress”
I would expect something similar to what I posted a couple days ago.
As usual, all eyes were on Barney Frank (D-MA) after the presser. He is regarded as one of the foremost experts in the Congress on economic and banking issues. For all his faults (which there have been a few), he is a very smart guy.