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Reuters: UK bank bailout to take big stakes in RBS, HBOS

Started by chris, October 13, 2008, 12:59:25 PM

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chris

UK bank bailout to take big stakes in RBS, HBOS
      


LONDON (Reuters) - Britain waded in with 37 billion pounds ($64 billion) of taxpayers' cash to bail out three major banks on Monday, in a move that could leave it as the main shareholder in at least two of them.
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