A secret $250 bln plan

[Joelle]

A secret $250 bln plan
      

As the U.S. government takes over large parts of the financial setup, it also seems to be embracing a key Wall Street tradition: secrecy.
U.S. officials including Fed’s Ben Bernanke and Treasury’s Henry Paulson announced plans to spend some $250 billion on buying stakes in banks, but they gave few details on how they plan to distribute the funds [...]
         

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