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Joined: 01 Jan 1970 Posts: 5465
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Posted: Sun Sep 28, 2008 7:17 am Post subject: U.S. reaches bailout deal in bid to stem crisis |
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WASHINGTON (Reuters) - U.S. lawmakers on Sunday were set to sign off on a deal to create a $700 billion fund to buy bad debt from ailing banks in a bid to stem an escalating credit crisis that threatened to engulf the global economy.
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