October 2008
Las Vegas Business Press (10712186);10/27/2008, Vol. 25 Issue 43, p13
This section offers business-related news briefs. The Federal Reserve will help finance purchases from money market mutual funds of up to $600 billion. Dividend payments by companies in the Standard & Poor's 500 index may plunge by 10 percent for the last quarter of 2008. Wells Fargo & Co. Chairman Richard Kovacevich said the U.S. Treasury's intention to buy stock in banks will be a better stimulus in avoiding the financial crisis.


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