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Not much can be done for taxpayers who face being fleeced
It was a bad plan — but it was a plan. The refusal of the US House of Representatives to back Hank Paulson’s bail out takes us into new territory.
Hank Paulson
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It’s the Fred and Fan show
Larry Elliott takes a look at the bail-out which is a nationalisation designed to avert the worst market collapse since the 1930s.
