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

Started by riky, November 12, 2008, 10:05:30 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 - The Bush administration on Wednesday publicly backed away from using a $700 billion bailout fund to buy toxic mortgage assets as originally intended, and said it will focus instead on shoring up financial institutions with direct investments.</p><br clear="all"/>


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