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World at a Glance by Leslie Eichel highlights banking aid and politics
The column critiques government aid to banks noting a million dollars buys about 25 cents on the dollar, with depositors potentially gaining if assets yield more. It also flags no major banking reform and recalls bankers who looted banks. It covers transit fare competition, a New York mayoral race, and slum clearance urging improved living conditions to curb crime.
MENTIONED IN THIS ARTICLE
Leslie Eichel
New York