US lawmakers say they believe a deal on a 700 billion-dollar package to support financial markets could be reached by Sunday. Urgent negotiations are taking place in an effort to finalise an agreement by Deutsche Bank to buy 30 percent of Postbank ...
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France's Credit Mutuel buys Deutsche Citibank ... the opening of stock market trading on Monday. Congress has been working through the weekend to reach a compromise on the package, which has been criticised for its lack of accountability.
The Bush administration's plan foresees using taxpayer's money to buy the bad property-related debt of banks, which lies at the heat of the financial crisis.
(Deutsche Welle)
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