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Banks Set Plan to Revive Credit Market

Story date: 2007-10-15 08:06:00
Added on: 2007-10-15 08:49:52


Forbes - This time around, the banks hope to not only prevent credit problems from spreading - but also are ... The SIVs used short-term commercial paper, sold at low interest rates, to buy longer-term mortgage-backed securities and other instruments with ...


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