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Newsweek Editors

By Newsweek Editors

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Sept. 7, 2008: Steps into the breach, leading government takeover of Fannie Mae and Freddie Mac

Sept. 15: After weekend of talks, lets Lehman Brothers fail. Chaos ensues.

Sept. 19: Announces guarantee of money-market funds

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Oct. 1: Bailout package passed, giving King Henry extraordinary powers

Oct. 14: Start of plan to inject capital into banks

Nov. 12: Paulson tells public that bailout funds won't be used to buy toxic assets from banks, as advertised

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