WASHINGTON — As President Bush and the two major presidential candidates hashed out a Wall Street rescue plan Thursday, Sen. Bob Corker, R-Tenn., said he and other key lawmakers have developed a proposal with greater oversight than the White House’s plan. Sen. Corker, who was among a handful of lawmakers involved in a three-hour bipartisan negotiation session between both houses of Congress, said their “agreement in principle” also would include restrictions on executive compensation. “I’m hopeful that it can be approved before the markets open on Monday,” said Sen. Corker, a member of the Senate Banking Committee. “We stayed very...
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Washington: Rescue of Wall Steet in limbo
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