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Bailout points finger at Fed's previous move

China Daily | Updated: 2008-10-04 07:54

Bailout points finger at Fed's previous move

US Treasury Secretary Henry Paulson leaves a Senate committee meeting on Capitol Hill in Washington DC. Bloomberg News

The $700 billion rescue that the US House considered on Friday reflects the unintended consequences of decisions made by Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke since March.

Bailout points finger at Fed's previous move

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