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Markets Plunge on Costly Credit, Paulson to Buy Bank Shares, IMF Warns of Global Recession

Oct 10th, 2008 | By Jennifer Yousfi | Category: Financial News, Politics & Economics

Global markets had deep sell-offs yesterday (Tuesday) as short-term credit markets remained tight, with the three-month lending rate for banks hitting a yearly high.

Tags: BCS, Fed Rate Cuts, Federal Reserve, global credit crisis, Global Recession, Hank Paulson, IRE, Jennifer Yousfi, US stocks
Posted in Financial News, Politics & Economics | No Comments »

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