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THE $700b RESCUE

Bush urges bailout unity

President says economy is in danger, warns of risk of a long recession

A graph shows levels of market strain, with a significant spike in the last week, during a hearing in Washington, D.C., yesterday. A graph shows levels of market strain, with a significant spike in the last week, during a hearing in Washington, D.C., yesterday. (Brendan Hoffman/ Getty Images)
By Michael Kranish
Globe Staff / September 25, 2008

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WASHINGTON - President Bush, bluntly warning that "our economy is in danger," urged Congress to pass a sweeping $700 billion financial rescue package in order to avert "a long and painful recession." (Full article: 1207 words)

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