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IPFS News Link • Economy - Economics USA

Markets in Disarray as Lending Locks Up

9-18-2008 • Washington Post

The flow of money through critical parts of the financial system all but stopped yesterday, prompting the stock market to plunge again as banks lost faith in one another and investors rushed to US government securities to protect their savings.

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Reported By Powell Gammill

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Markets in Disarray as Lending Locks Up

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