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IPFS News Link • Economy - Economics USA

World Bank Bonds Show What Happens in State Rescues

05-05-2009 • Bloomberg

Federal guarantees by 13 countries on more than $400 billion of financial company bonds are punishing the AAA-rated World Bank Group with record borrowing costs -- an indication of what can go wrong when government gets in the way.

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Reported By Powell Gammill

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World Bank Bonds Show What Happens in State Rescues

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