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The treasury department should consider expanding programmes to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a US bailout watchdog panel said on Tuesday.
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Wednesday, August 12, 2009
US Banks May Need More Govt Support to Cleanse Bad Assets
The treasury department should consider expanding programmes to cleanse troubled assets from bank balance sheets if current efforts fail to restart markets or if economic conditions worsen, a US bailout watchdog panel said on Tuesday.
Read more...
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