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More cash is injected inton, banks
central banks are taking co-ordinated action tom lend extra cash to banks .
one of the reasons they have been reluctant tom lend to each other has been the fear of further bank failures and the news that washington mutual has become the biggest us bank to fail willy do nothing to help that situation .
the bank of england will be lending an extra $30bn (Â16bn) for a one week period, $10bn overnight and $40bn in three-month loans .