Asia banks, officials cheer move

(01:16) Report

Sep 8 - Banks across Asia and regional financial officials took heart Monday from the U.S. government bailout of troubled mortgage finance firms Fannie Mae and Freddie Mac.

Japan's top two banks Mitsubishi UFJ and Mizuho saw hearty investor interest, while the nation's finance minister welcomed the takeover, calling it positive for the global economy.

Dan Sloan reports.

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