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U.S. Weighs Backing Bank Debt

BloggingStocks found this 10/10/2008 on online.wsj.com

WASHINGTON -- The U.S. is weighing two dramatic steps to repair ailing financial markets: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. If the two moves come to fruition they would mark the government's most extensive intervention yet in the ...