WASHINGTON – US TREASURY Secretary Timothy Geithner said on Tuesday that the government must bolster the embattled American housing sector to avoid more damaging recessions in the future. ‘Without such support, the risk is that future recessions could be more severe because the financial system would not have the capital to support mortgage lending on an adequate scale,’ he said. ‘House price …

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‘Support US housing market’

US Treasury Secretary Timothy Geithner says the government must bolster the embattled American housing sector to avoid more damaging recessions in the future.

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US must support housing market: Geithner

US Treasury Secretary Timothy Geithner said Tuesday that the government must bolster the embattled American housing sector to avoid more damaging recessions in the future.

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US must support flagging housing market: Geithner

US shares were volatile at the market open overnight ahead of key data on the embattled housing industry and a meeting of Federal Reserve policymakers that could indicate the latest economic situation.

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US shares mixed ahead of housing data

WASHINGTON, US (AFP) – Embattled Goldman Sachs boss Lloyd Blankfein will tell lawmakers it did not bet on the collapse of the housing market when he is dragged over the coals by a Senate investigation panel on Tuesday.

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Goldman boss denies betting on housing collapse

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