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Nerves of Steel
Undersecretary of the Treasury Robert Steel has displayed calm under fire in dealing with the subprime meltdown.
September 5 could have been a really bad day for Robert Steel. With credit markets gridlocked and homeowners suffering, the U.S. undersecretary of the Treasury for domestic finance was testifying before a House of Representatives committee on the subject of subprime loans. The Wall Street veteran -- and proxy for the pro-market, anti-intervention administration of
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