Thursday, October 9, 2008

Convergence-2???

"The Treasury Department is 'actively' looking at buying equity stakes in some of the nation's banks, according to White House spokesperson Dana Perino. At a White House briefing today, Perino confirmed reports that the United States could soon join the United Kingdom, Iceland and Italy in announcing a plan to inject capital directly into their troubled banking systems."
- CNN

Here we go :)

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