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- Short-term boost for banks (Gulf Daily News)
NEW YORK: The $700 billion rescue package passed on Friday by Congress will help alleviate short-term pressures on the faltering credit markets, but will not necessarily cure all the problems of the financial sector, analysts said.
www.gulf-daily-news.com
- Shankar Acharya: Crisis and Response (Business Standard India)
If you don’t know what a CDO (collateralized debt obligation) or a CDS (credit default swap) is, don’t worry.
www.business-standard.com
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