Financial Briefs

Breaking financial news from Wall Street to Main Street

Dollar May Get `Crushed’ as Traders Weigh Up Bailout

Posted by financialbriefs on September 22, 2008

The combination of spending $700 billion on soured mortgage-related assets and providing $400 billion to guarantee money-market mutual funds will boost U.S. borrowing as much as $1 trillion, according to Barclays Capital…

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