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28
Jan
2009
5:26 mins
Episode: Wall Street Journal's What's News Late Edition, January 28th, 2009 
Wall Street Journal What's News | 3583 Episodes
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The federal Reserve's Open Market Committee maintains lending rates at record lows, but signals it will buy longer term Treasury notes to loosen credit lending; Financial stocks gain on the hopes of a possible government bank for toxic assets; and layoffs continue with new cuts at Boeing, Time Warner's AOL and Starbucks.
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