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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: nextrade!10/8/2008 9:46:54 PM
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U.S. May Take Ownership Stake in Banks

nytimes.com

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By EDMUND L. ANDREWS and MARK LANDLER
Published: October 8, 2008

WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials.
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