Gov’t mulls plan to take ownership stakes in banks (AP)
By etrader on October 12, 2008 at 11:40 am in Online Trading
Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.
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