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Tuesday, 30 September 2008 |
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WASHINGTON, DC - In a compromise to the proposed bailout of the financial industry, Congress today approved the buyout of online stock trading giant E-Trade, and the popular video hosting site YouTube. The takeovers, at an estimated cost of $600 billion, are aimed at settling fears that the government bailout of the financial markets would be too risky and a windfall to Wall Street traders... |
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