The U.S. government is the largest ever deployment of rescue measures.

<P> Dow Jones reported, according to Wen Wei Po in Hong Kong in order to avoid the Wall Street financial crisis continues to worsen, the U.S. government is the largest ever deployment of rescue measures to deal with bad assets of financial institutions. .Plan involves a number of measures, including the establishment of an official trust, to buy financial institutions, mortgage bad debts, estimated to spend 500 billion U.S. dollars. .</ P> <P> NBC cable (CNBC) reports that the largest part of plans by the government through the issuance of bonds issued to buy the Wall Street financial institutions, mortgage and related tools to improve their balance sheets. .This part of the program will be approved by Congress, the government will hold these mortgages to maturity, average term of 7 years. .As of the end of June, the U.S. major financial institutions have more than 500 billion U.S. dollars subprime assets, also be substantially written off. .</ P> <P> Part 2 was for the government several weeks ago announced plans to buy back Fannie Mae and Freddie Mac mortgage bad debt, they will purchase 5.0 billion first mortgage bad debt, this part of the program without congressional approval. .In addition, the "two rooms" will increase the purchase of mortgage securities. .The Government is considering hiring private investment managers operating the official bodies. .As the number of mortgage purchase and benefit from financial institutions, has yet to be discussed with Congress. .In addition to dealing with bad debts, the U.S. Treasury announced that the total amount of about 2 trillion in money market funds, the establishment of a temporary guarantee program next year for the participating fund coverage. .President Bush has authorized Treasury Secretary Henry Paulson to spend up to 50 billion U.S. dollars exchange rate stabilization funds, insurance funds for the above project. .In addition, the U.S. Securities and Exchange Commission intends to temporarily ban all short selling of financial stocks. .</ P> <P> also said the Fed would extend emergency loans scheme for commercial banks to purchase assets from money market funds, notes, to ease the liquidity shortage. .</ P> <P> plan Treasury Secretary Henry Paulson introduced, said: "I am convinced that this bold approach by the Americans to spend money than allowed successive failures of financial institutions, credit markets froze, unable to support the economic development of this road .less. "He will seek to reach an agreement over the weekend with congressional leaders. .</ P> <P> He also announced that Fannie Mae and Freddie Mac to buy mortgage-backed securities will be increased to enhance the flow of funds, but did not disclose the amount. .</ P> <P> Shelby, Republican lawmakers estimated that the rescue package could cost 1 trillion. .Paulson announced plans, the U.S. President George W. Bush made a speech, he described "the key moment of American economic life come to" rescue measures will be spending a lot of taxpayers money, the "unprecedented action" with the risk, it is expected that this .money will eventually be rewarded, he called for Americans to be on the long-term economic confidence. .</ P> <P> "The Wall Street Journal" that the new mechanism may be solvent at a low price to buy assets of financial institutions and then sold. .Reports and said the project likely will be since 1930, the largest U.S. government intervention in financial markets. .</ P> <P> It is reported that the Ministry of Finance to study the program for several weeks, due to the recent market volatility, so early contact members of Congress. .Paulson and Fed Chairman Ben Bernanke last night and both houses of leaders, said lawmakers had reached a cross-party consensus on this. .News, the Dow surged more than 400 points the day before yesterday, the largest increase in nearly 6 years. .</ P>.