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Troubled Assets Stay with Troubled Banks

The ante for the needed rehabilitation fund has been raised to $700 billion dollars by the U.S. Treasury. However, there is now a change in plans. Unlike before, troubled assets will not be taken out of the hands of the banks, something that has become a much talked about issue and has likewise pushed stocks down in the market again.

Asian markets are tumbling once more and it is all thanks to this new development. Although a new president has been named, it seems that this negative corporate and economic news is only dampening the spirits of potential investors who don’t see any change at all in the structure of better times ahead for doing business.

So as business continues to go bad, so do the stocks. Investors still don’t see any sense investing in a world where money would be better off hidden in their personal safe.

[tags]troubled_assets, u_s_treasury, rehabilitation_fund, new_president, billion_dollars, doing_business, spirits, stocks, banks, investors, money[/tags]

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