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Government Bailout
Daily Market Commentary for December 7, 2009
Government Bailout
President Obama's administration announced today that they are expecting to reduce the estimated cost of the Troubled Asset Relief Program; a program funded by the government bailout, by $200 billion, the administration estimated the costs of the TARP program would reach $341 billion. (Read more at Millennium-Traders.Com)
Economic data released today:
Consumer Credit:
U.S. October Consumer Credit Decreased $3.5B; September Consumer Credit Revised to down $8.8B from down $14.8B; U.S. October Consumer Credit Falls Ninth Month in a Row.
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