Big Banks Announce Plan To Bolster Credit Market
Story date: 2007-10-15 09:39:00
Added on: 2007-10-15 10:00:22
Wall Street Journal - ... assets in exchange for new short-term debt, in an effort to ignite demand in certain credit markets. The high-stakes plan to rescue banks from losses on mortgage ... to the Treasury's role in seeking to help banks avoid a big financial hit for making bad ...
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