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Archive Home > 2008 > October > 14 > Government’s actions represent historic shift of power in the U.S.

Government’s actions represent historic shift of power in the U.S.

By Steve Lohr / The Bulletin
October 14, 2008

The government’s decision to take ownership stakes in America’s largest banks is a historic step that shifts power in the economy toward Washington and away from Wall Street.

The plan to prop up banks large and small — along with recent bailouts as well as....

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