U.S. to take $250 billion bank stakes, markets slip
NEW YORK (Reuters) - The United States ushered in a new era in banking on Tuesday with plans to take equity stakes totaling up to $250 billion in financial institutions, an incursion into the private sector that U.S. officials called a regrettable last resort.
Read The Full StoryShare: Digg - del.icio.us - Stumble It - News Vine - buzz-itSource: Reuters Published: Tuesday 14th of October 2008
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