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FSA mulls using public funds to shore up securities, insurance companies

BY KAZUMI TAKO STAFF WRITER

2012/11/11

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photoMedia representatives gather outside of the Tokyo office of the Japanese affiliate of Lehman Brothers in September 2008 after the U.S. investment bank went bankrupt. (Asahi Shimbun file photo)

The Financial Services Agency is mulling legislation that would allow for the use of public funds to support troubled securities and insurance companies.

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