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Tue 10 Oct 2008Crisis taking a heavy toll on wider economy
The sell-off on US markets illustrates fears that the $700bn bailout package will not avert recession, writes Arthur Beesley, on Wall Street
IN THE ground floor of the tower block overlooking the Hudson River where Merrill Lynch has its headquarters, there's a queue out the door at Starbucks before 6.30 most mornings. Whatever the time, the coffee shop is almost always busy.
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