1.0 link 133108 <![CDATA[Paulson Says Administration Is Working Fast, But Some Banks Will Fail]]> http://www.huffingtonpost.com/2008/10/08/paulson-says-administrati_n_133108.html WASHINGTON &mdash; The Bush administration is considering taking ownership stakes in a number of U.S. banks as one option it might use to deal with a serious credit crisis, an administration official said Wednesday.

This official, who spoke late Wednesday on condition of anonymity because no decision has been made, said the $700 billion rescue package passed by Congress last week allows the Treasury Department to inject fresh capital into financial institutions and get ownership shares in return.

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