As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators.
Is a global settlement in the works? Bob Moon reports.
More banks to join securities settlementCourtesy Marketplace Wed, 08/13/2008 - 11:27
As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. More related itemsUBS tries buyback to raise confidence
Citi to buy back $7 billion in bonds
The death of the auction-rate market?
Economic fears could hit public works
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