Follow BeltwayBlips on TwitterA Quiet Windfall For U.S. Banks
Published 11/10/2008 by Amit R. Paley at Wash Post In Congress
The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention.
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