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The Business Week -- News You Need to Know


http://www.businessweek.com/magazine/content/07_44/c40560...

BusinessWeek - Prodded by Treasury Secretary Henry Paulson, the top three U.S. banks—Citigroup ( C ), Bank of America ( BAC ), and JPMorgan Chase ( JPM )—on Oct. 15 set up an $80 billion entity that will serve as a buyer of last resort for some 30 "structured ...



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October 21, 2007 11:08:00 PM
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