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Rich Miller

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Business May 9, 2009

Geithner bets U.S. banks can avert 'lost decade'

Treasury Secretary Timothy Geithner is betting that U.S. banks can do something their Japanese counterparts were unable to accomplish in Japan's "lost decade" of the 1990s: earn their way out of trouble. The "stress test" results released Thursday by regulators found that the 19 largest ...