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Will the $700 billion government bailout work?

Publication: Financial Executive
Publication Date: 01-NOV-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Will the $700 billion government bailout work?(ECONOMY)

Article Excerpt
The credit crunch and volatile stock markets haven't abated by press time, albeit the historic Congressional and presidential actions on Oct. 3 in passing the Emergency Economic Stabilization Act of 2008, which itself had sparked debate.

By way of explanation of why the bailout was needed, Christopher G. Brown, with the Westport, Conn, law firm Begos Horgan & Brown LLP, says it was needed because credit had all but dried up with evaporation...

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