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Banks May be 'Cut Out'

Mon 27 Oct 08 | 03:00 AM ET
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Banks May be 'Cut Out'

Mon 27 Oct 08 | 03:00 AM ET
Banks may have to be "cut out of the loop" if the freeze in credit markets continues, forcing governments to act as the lender of last resort, Sean Corrigan from Diapason Commodities Management told CNBC Monday.

Topics:

Economy (U.S.)  | Politics and Government Banks
 
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