Obama set to extend bank bailout fund

Debt-Ridden Portugal Asks for Financial Bailout
Caught in a political crisis and facing refinancing hurdles, Portugal has come under intense pressure to join Greece and Ireland in seeking a bailout.

EU wants bondholders to share bank bailout costs
The European Union is moving ahead with plans to shield taxpayers from having to bail out big banks in the future, but there are substantial obstacles to making bondholders share losses.

Treasury: Financial bailout income at $35 billion
The government's heavily criticized $700 billion financial rescue program has earned nearly $35 billion in income over the past two years, according to data obtained by The Associated Press.

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