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| Mirroring the Internal Revenue Service Vehicle Tax Credit Program , Bank of America, (BAC) announced expansion of its $3000 reimbursement program to employees purchasing new hybrid vehicles to cover the entire U.S. and more than 185,000 employees, due in part to the success of its pilot program (instituted last June in Boston, Los Angeles and Charlotte). Read the full story here, as well as Bank Of America's Press Release. |
| Five Alternatives to the $700 Billion Bailout Proposal |
| Written by Michelle Haimoff | |||
| Wednesday, 01 October 2008 18:52 | |||
It's one thing to hate on the bailout plan and quite another to come up with an alternative, but following are five attempts at a better way forward: Photo: wvs, Creative Commons, Flickr Michael Moore: Get the money from the 400 wealthiest Americans Alec Baldwin: Make every bailout recipient issue stock Dan Walker, Seeking Alpha: If the crisis is liquidity, make the financial institutions more liquid by buying equity Jerome a Paris, Daily Kos: Create a National Investment Bank that would help individuals rather than banks Sebastian Mallaby, The Washington Post: Is the bailout even necessary? Anyone have an alternative to the alternatives?
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| Last Updated on Monday, 06 October 2008 16:06 |
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