More to follow.
yesterday, McCain listened — Today he and his advisors came up with a framework. This now must be presented to Republicans. McCain spoke to Paulson. McCain feels comfortable.
No one sure it how it will play out.
Substance of deal – if govt buy bad debt, govt back loans, govt back insurance policies… this way spreads out risk…and perhaps get past this issue with Republicans do not want to buy bad debt.
McCain leaving town cause otherwise Dems said they will kill it if he leads it.