| Fed cuts rates to stop bloodbath |
| Tuesday, 22 January 2008 | |
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The central bank announces an emergency move after markets around the world plunge on worries about a US recession. Bank of America's profit plummets. Ambac Financial reports a huge loss. Read more at: http://articles.moneycentral.msn.com/Investing/Dispatch/080122markets.aspx. Related Items: |
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