Detailed text transcripts for TV channel - FOXNEWS - 20100510:15:26:00
Here with us is hr*euz mcdonald. what are we saying? >> basically the ims is ponying up about a third of the $953 billion bail out. and about a fifth of the ims lending facility. what do we get in return, the issue is timothy geithner and other banking regulators here were worried about a con teenage and -- contagion effect. stabilizing the banks over there would stabilize our situation over here. that is the thinking down in washington d.c., jon. jon: is it generally perceived among investment experts that it's a good thing for u.s. taxpayers? >> there is a mixed reaction to it. the talk on w...
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