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Miscellaneous

U.S. Central Welcomes Government Bailout; Has No Plans to Participate

SEP 22, 2008 9:20pm ET

WASHINGTON – Congress yesterday was negotiating to expand the huge government bailout of the mortgage markets by adding provisions to help distressed borrowers and foreign lenders with major investments in the U.S. markets, as well as several other measures, increasing the projected $700 billion cost of the plan.

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