Bush signs financial bailout package

WASHINGTON Fri Oct 3, 2008 3:02pm EDT

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WASHINGTON (Reuters) - President George W. Bush on Friday signed landmark $700 billion legislation to help lenders unload distressed real estate assets off their books, a move aimed at curbing a spreading financial crisis.

The White House confirmed that Bush had signed the bill, which was approved earlier by the House of Representatives, just before he was due to leave for a political fund-raiser in St. Louis and a weekend stay at his Texas ranch.

(Reporting by Jeremy Pelofsky, Editing by Chizu Nomiyama)

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