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Sep
2008

Financial markets were tense Wednesday, with stocks fluctuating following investor Warren Buffett’s decision to invest $5 billion in Goldman Sachs Group Inc. The credit markets showed added strain as investors await news about the government’s plan to rescue banks from crippling debt. Full read: http://tinyurl.com/5xngch Fed sets $30 billion swaps lines with Nordics, Australia The Federal Reserve set new currency swap lines worth $30 billion with central banks in Scandinavia and Australia on Wednesday t