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Reuters: Sen. Schumer says bailout needs stronger oversight

Started by counter, September 22, 2008, 02:01:05 AM

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Sen. Schumer says bailout needs stronger oversight
      


WASHINGTON (Reuters) - The government's $700 billion proposal to buy bad debts from financial firms needs tougher oversight and taxpayers' interests must come first, New York Sen. Charles Schumer said on Sunday.
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