After subprime debacle, U.S. wrestles with question of bank bailouts - International Herald Tribune

After subprime debacle, U.S. wrestles with question of bank bailouts - International Herald Tribune: "WASHINGTON: Over the past two decades, few industries have lobbied more ferociously or effectively than banks to get the government out of its business and to obtain freer rein for 'financial innovation.'

But as losses from bad mortgages and mortgage-backed securities climb past $200 billion, talk among banking executives about a major government rescue plan is suddenly coming into fashion."