US Govt asks Middle East for Bailout???

thomaspaine23

Member
Joined
Jun 1, 2007
Messages
346
http://news.yahoo.com/s/afp/20081120/bs_afp/financeeconomyusgulf_081120072928

US seeks 300 billion dlrs from Gulf states: report


KUWAIT CITY (AFP) – The United States has asked four oil-rich Gulf states for close to 300 billion dollars to help it curb the global financial meltdown, Kuwait's daily Al-Seyassah reported Thursday.

Al-Seyassah said Washington sought the amount as "financial aid" to face the fallout of the financial crisis and help prevent its economy from sliding into a painful recession.
The daily said the United States plans to use the funds to help the ailing automobile industry , banks and other companies suffering from the global financial turmoil.




Who Bails out the bailouters????
 
Back
Top