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Treasury chief defends Fed intervention
(AP)
http://news.yahoo.com/s/ap/20080316/ap_on_go_ca_st_pe/paulson_credit_crisis]Treasury chief defends Fed intervention (AP) [/URL]
AP - Treasury Secretary Henry Paulson on Sunday defended the Federal Reserve's decision to help rescue Bear Stearns Cos., the teetering Wall Street investment bank. He sidestepped questions about whether other firms are on shaky ground and the Bush administration might intervene.
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