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IPFS News Link • Philosophy: Fascism

US to buy stakes in 'broad array' of banks

10-13-2008 • AFP

Under the TARP, the government is authorized to take a wide range of exceptional measures, including the purchase of toxic mortgage-related assets from ailing financial institutions in a bid to unclog frozen credit flows.

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Reported By Ernest Hancock

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US to buy stakes in 'broad array' of banks

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