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Home : Billion Dollar Loan : 25 Billion Dollar Loan : MSN Newsfeeds : Money-Market Rates Climb as Banks Hoard Cash, Crisis Deepens - Bloomberg

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Money-Market Rates Climb as Banks Hoard Cash, Crisis Deepens - Bloomberg

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Oct. 6 (Bloomberg) -- Money-market rates climbed worldwide as banks hoarded cash on speculation the seizure in credit markets is deepening and may prompt more financial institutions to collapse. The London interbank offered rate, or Libor, that banks ...

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