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U.S. Forces Nine Major Banks To Accept Partial Nationalization
Article | The U.S. government is dramatically escalating its response to the financial crisis by planning to invest $250 billion in the country's banks, forcing nine of the largest to accept a Treasury stake in what amounts to a partial nationalization.
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Fear Again Takes Over the Markets
Article | Investors fled stocks again yesterday as a wave of grim economic data hit the market and set off a stampede to the exits in the final hour.
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