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Credit Suisse Buys $7B In Mortgage Bonds From NY Fed

By Amanda Bransford (January 19, 2012, 5:18 PM EST) -- The Federal Reserve Bank of New York has sold to a Credit Suisse Group AG unit a pool of mortgage-backed securities with a $7 billion face value that it purchased to bail out American International Group Inc. in 2008, the New York Fed announced Thursday....

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