Bailout's price tag seen pressuring dollar
Broad gains for other major currencies as investors weigh U.S. plan
By William L. Watts & Deborah Levine, MarketWatch
SAN FRANCISCO (MarketWatch) -- Sticker shock weighed on the dollar Monday as financial markets wrestled with the implications of the U.S. government potentially taking on $700 billion in debt to finance a massive bailout and stabilization of the financial sector and money markets.
http://www.marketwatch.com/news/story/dollar-pressured-price-tag-us/story.aspx?guid=%7B08C21F9F%2D0E8A%2D492D%2DBD4F%2D522177453E90%7D
Monday, September 22, 2008
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