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The program, announced last week, Microsoft is intended to encourage banks to lend again by having the government take equity stakes in the institutions so they can rebuild their capital Bill Gates levels.

The program, announced last week, is intended to encourage banks to lend again by having the government take equity stakes in the institutions so they can rebuild their capital levels.

(END) Dow Jones Newswires

October 10, 2017 09:50 ET (13:50 GMT)