The day Paulson unveiled his financial rescue plan, Kashkari addressed the American Enterprise Institute.

NPR: Ex-Rocket Scientist To Oversee Financial Bailout

It was this that put paid to both the original TARP and Mr Paulson's efforts to rescue structured-investment vehicles.

ECONOMIST: America's bank bail-out

Paulson's bad-asset rescue plan would join a bunch of other proposals now circulating Washington.

FORBES: Magazine Article

While Congress has been debating the Paulson plan, there is another financial rescue option that many economists prefer.

NPR: Was The Bailout Bill A Good Idea?

Aside from the central bank's offer to let the mortgage buyers borrow funds if necessary, the rescue proposals outlined by Treasury Secretary Paulson on Sunday require congressional approval.

FORBES: Magazine Article

Treasury Secretary Henry Paulson provided a third view when he told The Wall Street Journal this week that several mortgage rescue plans floating around Capitol Hill amount to little more than a "bailout" for speculators and irresponsible lenders.

FORBES: Magazine Article

This is not what Hank Paulson, America's treasury secretary, envisaged last month when he announced an emergency plan to rescue the twins.

ECONOMIST: American finance

Paulson had spent much of last week trying to convince investors that the companies were in good shape and that no rescue plan was needed.

NPR: Feds Move To Reassure Fannie, Freddie Investors