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Archive Home > 2008 > November > 14 > Banks say they are using bailout for loans

Banks say they are using bailout for loans


November 14, 2008

WASHINGTON — Some of the nation’s largest banks sharing in the $700 billion government bailout of the financial industry tried to assure lawmakers Thursday they are using the money to make more loans and help financially strapped home-owners avoid foreclosure. Executives with....

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