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Treasury backs away from plan to buy bad assets (Reuters)

Started by riky, November 12, 2008, 05:05:09 PM

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riky

Treasury backs away from plan to buy bad assets
    (Reuters)

 


<p>You are not allowed to view links. Register or LoginReuters - Treasury Secretary Henry Paulson on Wednesday said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a second round of capital injections into financial institutions that would match private funds.</p><br clear="all"/>


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