Breaking News Alert
The New York Times
Tuesday, October 14, 2008 -- 8:45 AM ET
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Bush Calls Plan to Invest $250 Billion in Banks 'Essential'
President Bush, speaking from the Rose Garden Tuesday before
the markets opened in New York, called the government plan to
invest up to $250 billion in banks essential to help assure
stability in the financial system. The president described
the government's new proposal, which includes a guarantee on
new debt issued by banks and other measures, as
"unprecedented and aggressive."
Read More:
http://www.nytimes.com/?emc=na
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Posted By Breaking News to Break News at 10/14/2008 03:45:00 PM

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