http://news.bbc.co.uk/2/hi/business/7640872.stm

Key points:

-The government will get the money in tranches - $250bn straight away, and $100bn at the request of the White House; Congress can veto the release of the remaining $350bn

-Banks that accept bail-out money will have to hand over shares in return, which allows tax payers to benefit from the banks' recovery

-Top bankers, meanwhile, will see their pay limited, and "golden parachutes" - huge payments when they leave the firm - will be banned

-The banking industry will have to help finance the bail-out if the money can not be recovered from the struggling banks themselves

-Four agencies will monitor the deal, including an independent Inspector General and a bipartisan oversight board

-Banks will be obliged to join an insurance programme to protect them against the losses of mortgage-backed securities

The proposed legislation was now "frozen", said Ms Pelosi, which means critics can not strike out individual provisions that they do not like.

So where exactly is this money coming from?

i like the sounds of the key points. I'll review the post later

From tax payers, as always.

Just in; the package has failed in the House.

http://money.cnn.com/data/us_markets/

http://money.cnn.com/data/world_markets/index.html

US and world markets, respectively...

in my own opinion by the time all these bail-out plans pass and take effect the economy will be on its way out of the ressesion.

every ones best bet is to sit tight and wait it out...
my 2 cents