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Subjects / Resolution and Recovery

Email News Service Mar 2008: IMF looks at third-line defence options in turmoil

Simon Turmaine | March 13, 2008

WASHINGTON, March 13 (Global Risk Regulator) – A “reasonable set of options” may need to be considered by the International Monetary Fund (IMF) to safeguard the stability of financial systems if further risks materialise from the present global financial turmoil, IMF first deputy managing director John Lipsky said yesterday.

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