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Friday, September 26, 2008

An Office of Financial Stability proposed

Senator Dodd's proposed bill

Bush/Treasury bailout proposal

These proposed pieces of legislation discuss, among other things, foreclosures ( establishing offices to handle/oversee/minimize foreclosures, thereby protecting neighborhoods at risk); credit regulation; authorizing funding (and refunding) this bill to intervene (Dodd's bill) and allowing purchase of mortgage-related properties and an increase in the limit of public debt to 11 trillion dollars in the latter bill.

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