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Saturday, 14 February 2009

Who will save us now? Not Silicon Valley, apparently, but optimism lingers

Posted on 08:31 by Unknown
So apparently new Treasury Secretary Timothy Geithner is not the superhero the stock market was expecting to rescue us all, banks included, from an economy in a downward spiral. At least, that's the message that the markets telegraphed (broadcast? texted?) following the introduction of the Obama administration's government bank bailout plan, part deux, earlier this week.Uh oh. Now what? We'll
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