Sunday, August 10, 2008

Credit Crisis Triggers Unprecedented Response

Worst debt turmoil since Depression sparks government action

By David Cho and Neil Irwin

Since the credit crisis erupted a year ago, the Bush administration has presided over one of the broadest expansions of the government into private lending in U.S. history, risking public money to prop up financial firms both large and small.
http://www.informationclearinghouse.info/article20471.htm

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