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Archive Home > 2008 > October > 09 > U.S. may take ownership stake in banks

U.S. may take ownership stake in banks

By New York Times News Service / The Bulletin
October 9, 2008

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

Treasury officials say the just-passed....

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