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Nationalization Rumors Batter Bank Stocks

by Yuki Noguchi, NPR
February 20, 2009

Rumors that some of the nation's biggest banks might have to be nationalized pushed the Dow Jones industrial average down. The market bounced back a bit after White House spokesman Robert Gibbs said the administration strongly believed in a privately held bank system.

Broadcast Dates

  • All Things Considered, February 20, 2009
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