Tuesday, September 23, 2008

$5 Trillion Cash Pool Needed to Stop Financial Rout

Sept. 23 (Bloomberg) -- Treasury Secretary Henry Paulson's $700 billion plan to buy devalued assets from financial companies is ``a joke'' because it doesn't go far enough to calm markets, said Kenichi Ohmae, president of Business Breakthrough Inc. ``This is a liquidity crisis,''...

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