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$400+ Billion German Bailout Possible

Posted on October 11, 2008

From the WSJ: German Bailout Likely to Be Over $400 Billion German Chancellor Angela Merkel heads to Paris to present Sunday to her colleagues from the euro zone a financial sector bailout plan for Germany ... A person familiar with the situation told Dow Jones Newswires that the government is considering a total bailout plan of 300 billion to 400 billion ($402 billion to $536 billion), which...

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