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Reuters: Asia greases money markets, AIG deal fails to soothe

Started by chris, September 17, 2008, 08:00:28 AM

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chris

Asia greases money markets, AIG deal fails to soothe
      


SINGAPORE/TOKYO (Reuters) - Japan, Australia and India pumped $33 billion into money markets on Wednesday as a U.S. government bailout of insurer AIG did little to ease a funding squeeze triggered by the crisis engulfing Wall Street.
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