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Congress passes bailout, focus shifts to fallout (Reuters) October 3, 2008 at 10:43 pm

Rep. Barney Frank (Back row, L-R), Rep. James Clyburn, Rep. Steny Hoyer, Rep. Rahm Emanuel and Rep. John Larson. (Jonathan Ernst/Reuters)Reuters - The U.S. government enacted a landmark $700 billion bank bailout on Friday, but investors questioned whether it could contain a panic that began on Wall Street and spread to become a global financial crisis.


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