Friday February 10, 2012

House drops demand for bank liquidation fund

House negotiators working to complete legislation to overhaul the nation’s financial regulatory system have agreed to drop a proposal for a $150 billion fund that would be used to liquidate failing financial companies.

House negotiators working to complete legislation to overhaul the nation’s financial regulatory system have agreed to drop a proposal for a $150 billion fund that would be used to liquidate failing financial companies.

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