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Reuters: Banks sound but economy to take time: Paulson

Started by chris, July 21, 2008, 07:41:09 AM

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chris

Banks sound but economy to take time: Paulson
      


WASHINGTON (Reuters) - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
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