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18 Mar 2009 22:07

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Biz, U.S.: Another attempt to jumpstart the economy by the Federal Reserve

  • Chairman Ben Bernanke said the Federal Reserve would buy back up to $300 billion in long-term government bonds. source
  • Bernanke also announced a plan to buy back up to $750 billion in bad mortgages. Together, that’s over $1 trillion. Whoa. source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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