U.S. will buy stock in banks, Paulson says »
Posted By TechnologyExpert 8 months, 3 weeks ago in Business & FinanceTreasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions.
It would mark the first time the government has taken equity ownership in banks in this manner since a similar program was employed during the Great Depression.
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I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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