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http://www.cnbc.com/id/27678665

"Treasury Secretary Henry Paulson said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a broader use of the money, including more capital injections into financial institutions.

The announcement marked a major shift for the administration, which had talked only about purchasing troubled assets as it lobbied Congress in October to pass the massive bailout bill. ...

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Created 8 weeks 15 hours ago