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IPFS News Link • Economy - Economics USA

U.S. Investing $250 Billion in Banks

10-13-2008 • New York Times

Of the $250 billion, which will come from the $700 billion bailout approved by Congress, half is to be injected into nine big banks, including Citigroup, Bank of America, Wells Fargo, Goldman Sachs and JPMorgan Chase, officials said.

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