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Bush: U.S. to buy stock in banks

Posted by coloneltribune 403 days ago, popular 403 days ago (http://www.chicagobreakingnews.com)
Category: Economy | Tags: federal reserve george bush recession
President Bush this morning announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the free market but to preserve it."
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