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Sunday, January 25, 2009

Summers Says TARP to Be ‘Very Different’ Under Obama

Summers Says TARP to Be ‘Very Different’ Under Obama
"...Obama has signaled that he would toughen restrictions on and oversight of banks as part of a fresh plan to aid the battered industry. “Perhaps most importantly, the focus isn’t going to be on the needs of financial institutions,” Summers said...."
Reference: www.bloomberg.com

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