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The program will use government funds and private capital to buy up to $1 trillion (683 billion pounds) in distressed loans and securities. Investors would receive low-cost financing from the U.S. government to buy the "legacy" assets at auctions.
ID:nLDE5BP055] Share markets that were open in the region, where some centres including Australia are still on holiday, rose and US Treasury futures TYv1 ... and more »
Sun, Dec 27 | from Reuters