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Bogle Says Government 'Punch Drunk' With Proposals


Submitted by John on Fri, 2008-09-19 07:17.

http://www.bloomberg.com/apps/news?pid=20601087&sid=afQs5R1QyhEQ&refer=home

Sept. 19 (Bloomberg) -- John Bogle, who created the $106 billion Vanguard 500 Index Fund in 1976, said the U.S. government is "punch drunk" with proposals to rescue the financial system.

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