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U.S. backs away from plan to buy bad assets (Reuters)

Started by riky, November 13, 2008, 12:01:25 AM

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riky

U.S. 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 largely abandoned its plan to buy up toxic mortgage assets and said it will focus its $700 billion financial bailout fund on making direct investments in financial institutions and shoring up consumer credit markets.</p><br clear="all"/>


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