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Reuters: Stocks, dollar slide on latest credit crisis fear

Started by chris, July 12, 2008, 03:41:06 PM

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chris

Stocks, dollar slide on latest credit crisis fear
      


NEW YORK (Reuters) - Fear the two largest U.S. mortgage finance companies are in such poor health that they need a government bailout pushed financial markets lower on Friday, although stocks pared losses as officials began to talk of safety-net moves for the ailing sector.
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