Reuters: U.S. works on bank debt plan, UK targets shorts

[chris]

U.S. works on bank debt plan, UK targets shorts
      

NEW YORK/WASHINGTON (Reuters) - Governments on both sides of the Atlantic took radical steps to restore confidence in battered financial markets on Thursday, as the United States proposed a taxpayer-funded mopping up of toxic mortgage-related debt and Britain cracked down on short selling of bank stocks.
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