by Laura Conaway

It's happening: You're buying banks. Just over from AP:

Paulson endorses bank stock purchase plan

WASHINGTON (AP) - Treasury Secretary Henry Paulson says the
administration will move ahead with a plan to buy stock in
financial institutions.

Paulson says the program to purchase stock in financial
institutions will be open to a broad array of institutions.

The administration received authority to make direct purchases
of stock in banks in the $700 billion financial rescue bill
Congress passed last week.