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Reuters: Bailout in chaos, government seizes WaMu

Started by dave, September 26, 2008, 07:00:21 AM

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dave

Bailout in chaos, government seizes WaMu
      


WASHINGTON (Reuters) - Talks on a $700 billion rescue for the U.S. financial system fell into chaos on Thursday amid accusations Republican presidential candidate John McCain scuppered the deal, and U.S. authorities closed Washington Mutual and sold its assets in America's biggest ever bank failure.
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