Date:04/10/2008 URL: http://www.thehindu.com/2008/10/04/stories/2008100457920100.htm

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$700-billion bailout approved

WASHINGTON: The U.S. Congress has approved a $700-billion government bailout of the battered financial industry and sent it to President George Bush for his signature. Mr. Bush later said he would quickly sign the bill into law. — AP