Jim O'Neill, head of global economic research at Goldman Sachs Group Inc., talks with Bloomberg's John Dawson in London about the outlook for the global economy and U.S. efforts to stabilize the banking system. Treasury Secretary Henry Paulson plans to spend $700 billion to buy devalued mortgage-related securities from investment firms in an effort to keep the financial system from coming to a standstill.
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Added: Sep 23, 2008 |
| Category: Business |
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