Israel Uncensored News

US resorts to semi-nationalization of banks

The government will buy stakes in many banks in the effort to bolster their credibility.


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Past coverage: United States
04.10 Mega-bailout goes into the effect
30.09 The bailout bill fails
28.09 America: socialism on rampage
26.09 Another American failure: $31-billion
20.09 Bush's America heads toward socialism