UNITED STATES: Market-led sub-prime fixes are failing

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In this article

  • M-LEC collapse
  • Banking system response
  • Sectoral pain
  • Tapping sovereign wealth
  • Coming clean
  • Near-term confidence boost
  • Chronic problems?
  • Federal Reserve liquidity provision
  • Fed regulatory response
  • Bush's 'work-out' policy
  • Quiet market intervention
  • Containing litigation risk
  • Moral hazard
  • Tax abatement

What is this?

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