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RD Today => All the News => World & Lebanon Latest News => Topic started by: riky on December 30, 2008, 08:01:42 AM

Title: Japan mulls scheme to buy bad loans (Reuters)
Post by: riky on December 30, 2008, 08:01:42 AM
Japan mulls scheme to buy bad loans
    (Reuters)

 


<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081230/2008_12_29t114312_450x304_us_financial.jpg?x=130&y=87&q=85&sig=kNu3subT0gyQCGy1xLi7KA--" align="left" height="87" width="130" alt="A man sits next to a pillar of a building at a financial district in Tokyo December 16, 2008. (Yuriko Nakao/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081230/bs_nm/us_financial)Reuters - The U.S. government expanded its bailout of the auto industry, while Japan reportedly considered a $110 billion scheme to buy bad loans from banks, the latest in a string of government moves aimed at reducing the damage from the worst downturn since the 1930s.</p><br clear="all"/>


http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081230/bs_nm/us_financial