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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Edmund L. Andrews and Michael M. Grynbaum / The Bulletin
October 7, 2008
WASHINGTON — As pressure built in the credit markets and stocks spiraled lower around the world on Monday, the Federal Reserve was considering a radical new plan to jump-start the engine of the financial system.
Under a proposal being discussed with the Treasury Department, the Fed....