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U.K. defends covert loans to banks

Baring bailout of two would have imperiled economy, it says

Posted: November 26, 2009 at 5:16 a.m.

The British government has defended a decision by the Bank of England to keep secret for a year the loans made to keep two major U.K. banks from collapse at the height of the financial crisis.

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Business, Pages 42 on 11/26/2009

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