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For bailout to work, housing market needs to mend

Posted on Sunday October 5th, 2008 at 06:41 in for bailout to work, housing market needs to mend

NEW YORK - Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?ADVERTISEMENTWrong. Experts say the most important thing that needs to happ...