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US Toxic Securities Funds Launch Seen at $20 Billion

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07-03-2009, 01:00 AM

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US Toxic Securities Funds Launch Seen at $20 Billion

Posted By:Reuters

The U.S. Treasury will launch its public/private investment fund program to buy up toxic securities with an initial funding of $20 billion from public and private sources, a level scaled back considerably from initial plans, people familiar with the matter said on Thursday. ---

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