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In addition, homebuilders suffered after the U.S. Commerce Department said housing starts slumped 6.2 percent last month to the fewest since January 1991. cheap nfl jerseys The reading spurred concern that the housing slump will continue to weigh on the nation's economic growth. U.S. Treasury Secretary Henry Paulson pauses as he speaks about the U.S. government plan to attack financial market weakness by buying up risky loans at a news conference at the Treasury Department in Washington, September 19, 2008. Merrill Lynch & Co. indexes showed that corporate borrowing costs soared to a record in the United States. Financials were among the worst performers. Goldman Sachs and Morgan Stanley, the two largest U.S. securities firms, tumbled after Oppenheimer cut profit estimates. Merrill Lynch also reduced fourth-quarter profit estimate for Morgan Stanley. wholesale nfl jerseys "I am convinced that this bold approach will cost American families far less than the alternative -- a continuing series of financial institution failures and frozen credit markets unable to fund economic expansion," he said.

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