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'Lenders will be cleaner and stronger'

China Daily | Updated: 2009-03-31 07:51

'Lenders will be cleaner and stronger'

US Treasury Secretary Timothy Geithner testifies at a House Financial Services Committee hearing in Washington, DC. Bloomberg News

US Treasury Secretary Timothy Geithner said some financial institutions will need substantial government aid, while warning against any attempt to tax investors who join a federal program to buy tainted assets from banks.

'Lenders will be cleaner and stronger'

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