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Japan Throws $16.7B Lifeline

The bailout aims to help smaller business outside of banking or corporate sectors

By Clay Dillow,  Newser Staff

Posted Jan 27, 2009 7:03 AM CST

(Newser) – Following in the footsteps of America and Europe, Japan is offering $16.7 billion to companies threatened by the financial crisis, moving outside the banking sector to take equity stakes in smaller companies that otherwise can't find financing, the Financial Times reports. The 1.5...   Read full story »

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