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October 9, 2008 · 5:11AM

Treasury May Take Stake in U.S. Banks

The U.S. Treasury, exercising authority granted in the $700 billion bailout bill, is reportedly considering taking ownership stakes in U.S. banks to help restore confidence in the financial system. Banks could potentially request funds if they conform to limits on executive pay. (NYT)

Categories: Business & Finance Today · Financial Services

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