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Economists: Bailout Was Right Move, Recession Still Looming

OCT 17, 2008 2:00pm ET

MADISON, Wis.-The near-trillion-dollar investment by the federal government in the U.S. financial system was the right move, but it won't stave off an ongoing recession in the near-term, according to a survey of credit union economists. What's having an effect on CUs and their members is a "de-leveraging" of significant...

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