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Treasury readying proposal on non-bank firms (Reuters)

Started by riky, March 25, 2009, 07:01:57 PM

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riky

Treasury readying proposal on non-bank firms
    (Reuters)

 



Reuters - The Treasury Department said on Wednesday it will send proposals to Congress this week that would let it seize troubled non-bank financial firms, one day after Treasury Secretary Timothy Geithner called for expanded powers in order to avoid possible future bailouts.


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