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Market Update : 
Record Libor, UK Deposit Insurance Raised
Author: 123jump.com Staff
123jump.com
Last Update: 5:34 AM ET October 04 2008



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UK increased its deposit insurance coverage to £50,000 after Ireland guaranteed all deposits at six of its largest lenders. Stocks in London rose, after falling for three days ahead of the U.S. House vote on the bank bailout bill. Libor rate remains at elevated level.

 

 

 

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