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U.S. Fed bailout (3:30)


September 19, 2008
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Stock markets rallied today on the news that the U-S Federal Reserve and Department of the Treasury are planning to buy huge amounts of bad housing debts to help stabilize the global economy. U.S. taxpayer money is at risk. But President Bush said today that the alternative was risk that has to be avoided. The World's Matthew Bell reports.


More on the financial crisis

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