BUSINESS

US Bails Out Nation's Credit Union Network

02/28/2009 05:12 am ET | Updated May 25, 2011

In the latest effort to prop up a sector of the finance industry, federal regulators on Wednesday guaranteed $80 billion in uninsured deposits at the powerful institutions that service the nation's credit unions -- a maneuver that shows how the economic crisis continues to ripple across the U.S.

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