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Thursday, November 13, 2008

Off The Hook: Washington's $5 Trillion Tab

Well, fighting the financial crisis has put the U.S. on the hook for some $5 trillion a report says. So far.

The Treasury, in addition to the $700 billion raised in the Emergency Economic Stabilization Act, agreed to guarantee money market funds against losses up to $50 billion, will inject $40 billion....

Read more Washington's $5 Trillion Tab


Source: forbes

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