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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Michael A. Hiltzik and Jim Puzzanghera / The Bulletin
October 5, 2008
Now comes the hard part.
With congressional passage Friday of the bailout bill, the financial industry’s focus will shift to the mechanics of the deal: How exactly does the government plan to spend as much as $700 billion to buy troubled loans from banks?
The measure gives the Treasury....