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IPFS News Link • Economy - Economics USA

Movement to Publicly Owned Banks

04-22-2010 • arclein

Michigan, which has an unemployment rate of 14 percent, has been particularly hard hit by the economic downturn. Virg Bernero, mayor of Lansing, the state’s capital, and a leading Democratic candidate for governor, proposes to relieve the state’s economic ills by opening a state-owned bank. H

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