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U.S. Clears Path to Bank Nationalization

News Link  •  Economy - Economics USA

U.S. Clears Path to Bank Nationalization


02-23-2009  •  Washington Post 
The Obama administration revamped the terms of its emergency aid to troubled financial firms, setting a course that could culminate with the government nationalizing some of the country's largest banks by taking a controlling ownership stake. 
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Reported by Powell Gammill
Dr Sears 45 second
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