Geithner: bailout program extended to October

US Treasury Secretary Timothy Geithner, seen here in October 2009, said Wednesday he was extending the authority of a 700-billion-dollar financial bailout to October 2010 even though the program would cost less than expected.(AFP/File/Tim Sloan)
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AFP/File
AP - 38 minutes ago

WASHINGTON - Treasury Secretary Timothy Geithner told Congress Wednesday that the administration will extend the government's financial bailout program until next fall, saying it's needed to protect against fresh economic shocks.

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