US to buy stock in financial institutions

The US government will move ahead with a plan to buy stock in financial institutions, US Treasury Secretary Hank Paulson said.

US to buy stock in financial institutions
Sat, 11 Oct, 2008 - 01:16

The US government will move ahead with a plan to buy stock in financial institutions, US Treasury Secretary Hank Paulson said.

The move was announced after a meeting of the G7 finance ministers, including UK chancellor Alistair Darling, in Washington.

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