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Mon 09 Sep 2008Markets still fragile despite US plan
It remains far from clear whether the US government's emergency package will restore stability, writes Arthur Beesley,Senior Business Correspondent, from Wall Street.
RACING TO strike agreement on a risky plan to buy $700 billion (€485.6 billion) in shaky mortgage-related assets from vulnerable banks, US treasury secretary Henry Paulson spent the weekend locked in political negotiation with Congress on the parameters of the emergency package.
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