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Financial News Over This Week
Posted by Stock Online Trader on January 17, 2009 in Market News
Aggregator Bank ??The heads of the U.S. Treasury Paulson and Federal Deposit Insurance Corp Sheila Bair gave momentum to the idea of a new government-backed bank to remove toxic assets from lenders’ balance sheets. A lot of work has been done on an aggregator bank and other ways of using the $700 billion financial-rescue fund [...]