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IPFS News Link • Federal Reserve

Paulson Lacks Leverage to Compel Banks to Put Taxpayer Cash to Work

10-15-08 • Bloomberg.com

``The truth of the matter is, they can't put a gun to their head and say you have to lend this money,'' said Charles Horn, a former official at the Office of the Comptroller of the Currency, part of the Treasury Department...

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Paulson Lacks Leverage to Compel Banks to Put Taxpayer Cash to Work

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