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U.S. Treasury To Buy Stakes In Nine Banks

The Bush administration announced new steps Tuesday to shore up the nation's battered financial markets. The government will inject capital into financial institutions to help thaw frozen credit markets, create jobs and fuel economic growth.

Copyright 2008 NPR

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Renee Montagne, one of the best-known names in public radio, is a special correspondent and host for NPR News.