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Treasury Secretary Henry Paulson announced an $800 billion rescue plan that includes a commitment of funds to increase the availability of student loans, auto loans and credit cards. Are small and mid-level banks finally getting a bailout of their own?
Treasury Secretary Henry Paulson has announced a new $800 billion rescue plan that includes a commitment of $200 billion to increase the availability of student loans, auto loans and credit cards. Are small and mid-level banks finally getting a bailout of their own? The Takeaway talks to Mike Menzies, President and CEO of Easton Bank and Trust in Easton, Maryland.