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Bernanke spurns bank nationalization plan

China Daily | Updated: 2009-02-26 07:54

Bernanke spurns bank nationalization plan

Federal Reserve Chairman Ben Bernanke speaks at the Senate Banking Committee meeting in Washington. Bloomberg News

Federal Reserve Chairman Ben S. Bernanke spurned outright federal control of US banks in favor of a public-private partnership that the government would eventually exit.

Bernanke spurns bank nationalization plan

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