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U.S. Treasury is finished - U.S. to default

Entry posted by Madman October 24, 2008

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U.S. Treasury Asks Dealers If More Can Be Done to Calm Markets

Oct. 24 (Bloomberg) -- The U.S. Treasury asked primary dealers of government debt to recommend what, if any, additional steps federal regulators can take to calm financial markets.

http://www.bloomberg.com/apps/news?pid=206...&refer=home

Another must read

Summer 2009: The US government defaults on its debt