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Created by dipity on Sep 27, 2008
Last updated: 01/06/11 at 06:12 AM
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...into the banks on Wall Street. So the next time you hear Mr. Obama, Sen. Dodd or Rep. Frank tell us how they have "ended bank bailouts," remember that old comment from Yogi Berra, "This is like deja vu all over again." Only this time, the conduit is not AIG,...
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Washington Times
http://feedproxy.google.com/~r/Commentary-TheWashingtonTimesAmericasNewspaper/~3/X-N__a1d2to/
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...appear before a specially convened meeting of the Oireachtas Finance Committee to come clean on the true scale of Fianna Fáil’s bank bailout. "Does he have any realistic idea of what the final bill will come to? It’s as if he has left the taxpayers’ credit...
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Irish Examiner
http://www.irishexaminer.com/ireland/kfcwidcwkfcw/rss2/
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...with bond spreads in fourth paragraph.) Aug. 16 (Bloomberg) -- Ireland’s bailout of Anglo Irish Bank Corp. is a “shock to the system,” European Central Bank Governing Council member Patrick Honohan said. The 20 billion-euro ($26 billion) to 25 billion-euro...
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Business Week
http://rss.businessweek.com/~r/bw_rss/europeindex/~3/V3ihHkf22HI/irish-bank-bailout-shock-to-system-honohan-says.html
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...Republic’s Department of Finance has admitted it does not know how much the Anglo Irish Bank bailout will cost, despite promises by Finance Minister Brian Lenihan that the bill would not run to more than €23bn. As critics raised the spectre of a blackhole...
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Belfast Telegraph
http://rss.feedsportal.com/c/845/f/464365/s/cb5b0e1/l/0L0Sbelfasttelegraph0O0Cbusiness0Cbusiness0Enews0Cfears0Egrow0Eover0Ecost0Eof0Ebailout0Efor0Eanglo0Ebank0E1490A45670Bhtml0Dr0FRSS/story01.htm
After a day of unrest which saw three people killed, Greece's parliament is preparing to vote on the controversial austerity package. Wednesday's violence included a bank in the capital being set alight. Demonstrators clashed with police when protesters marched on the country's parliament building. They are angry at government spending cuts aimed at securing a 110 billion euro rescue package from the EU and the IMF. Trend forecaster Gerald Celente says the Greek situation is going global.
Bailout payments to AIG continue to face scrutiny as Treasury Secretary Tim Geithner prepares to go before Congress on Wednesday. Additionally, more senators have said they will not support the re-confirmation of Ben Bernanke as Federal Reserve Chairman. What does all this mean for the US economy and its ongoing recovery?
A commission set up to investigate federal bank bailouts grilled the CEOs of the top four banks on what went wrong during the financial meltdown. Nancy Cordes reports.
A commission set up to investigate federal bank bailouts grilled the CEOs of the top four banks on what went wrong during the financial meltdown. Nancy Cordes reports.
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JAKARTA : Indonesian Vice-President and former central bank chief Boediono on Tuesday defended his role in a controversial bank bailout at the centre of the country's latest corruption scandal.
Boediono, a Western-educated economist who ran alongside
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Channel News Asia
http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/1026334/1/.html
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NEW YORK — Bank of America Corp. said Wednesday it plans to repay its $45 billion in government bailout funds in the next few days, a move that will help the troubled bank recruit a new CEO.
The bank said in a statement it would use available cash and
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N.J. Courier-Post Online
http://www.courierpostonline.com/article/20091202/NEWS/912020351/-1/RSS07
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JAKARTA - Indonesia's Vice-President Boediono denied Wednesday any wrongdoing in a contentious 704-million-US-dollar bank bailout at the centre of the country's latest corruption scandal.
Boediono, the former head of the central bank, Bank Indonesia
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Channel News Asia
http://www.channelnewsasia.com/stories/afp_asiapacific/view/1020544/1/.html
MOXNews.com October 26, 2009 MSNBC The ED Show
This is a short video about a man named Mr David Cannon, a simple farmer who stood up to a Bank, and WON. The link to the story is below. www.telegraph.co.uk Peter Schiff, Ron Paul, Jim Rogers, Alex Jones, Max Keiser, Marc Faber, Nouriel Roubini, The Federal Reserve, Bank Bonuses, Inflation, Barack Obama, Tim Geithner, Bernanke, Greenspan, Volker, Fiat Money, Currency Collapse, Dollar Collapse, Money As Debt, From Freedom To Fascism, Legalised Robbery, Wall Street, Goldman Sachs, The Tarp ...
Bank Holiday here We COME Court Orders Fed to Disclose Emergency Bank Loans www.bloomberg.com World faces hi-tech crunch as China eyes ban on rare metal exports tinyurl.com Antal E. Fekete Gold is not available at any price quoted in Zimbabwe dollars. This will happen to the USD and the dollar will collapse www.gata.org The Buzz over Bernanke www.safehaven.com Preparing for the Worst au.pfinance.yahoo.com What Lies Behind the CFTC's Revocation of Exemptions in Agriculture Position Limits? tinyurl.com
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...of the world financial system”. As the last – and highest-profile – witness at Berlin’s parliamentary inquiry into the bank bailout yesterday, the confident finance minister brushed off attempts by opposition parties to pin on him the political blame for the...
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Irish Times
http://rss.feedsportal.com/c/851/f/10847/s/5c66faf/l/0L0Sirishtimes0N0Cnewspaper0Cfinance0C20A0A90C0A8210C12242530A217640Bhtml/story01.htm
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...man sentenced in bank bailout fraud case:/n/a/2009/08/06/financial/f144653D28.DTL Article:Tenn. man sentenced in bank bailout fraud case:/n/a/2009/08/06/financial/f144653D28.DTL Quick links to the best of SFGate | Still can't find it? see Site Index The first...
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San Francisco Chronicle
http://feeds.sfgate.com/click.phdo?i=cdfcd947343066f2178f68906297fc63
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...people have a hard time understanding popular outrage about the banking bailout. Indeed, the TARP watchdog Neil Barofsky's complaints that most TARP dollars were used to increase capital cushions and pay bonuses rather than increase lending strikes many as...
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Clusterstock
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http://feedproxy.google.com/~r/clusterstock/~3/C8l3Pwn1TaE/yep-the-bailout-was-based-on-a-big-fat-lie-2009-8
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...that's how the state ended up paying most of the bill. Ackermann claims that his bank earned a maximum of only 100 million on the bailout weekend. But, as majority owner, the state could now end up paying another bill, that for shareholders. On Thursday the...
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European Tribune - Community, Politics & Progress.
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http://www.eurotrib.com/story/2009/7/29/74744/3935
economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York. In a wide-ranging discussion of the bank bailouts on MSNBCs Morning Meeting, host Dylan Ratigan described the process by which the Federal Reserve exchanged $13.9 trillion of bad bank debt for cash that it gave to the struggling banks. Spitzer — who built a reputation as the Sheriff of Wall Street for his zealous prosecutions of corporate crime as New ...
economy and needs to be held accountable for its actions, says Eliot Spitzer, the former governor and attorney-general of New York. In a wide-ranging discussion of the bank bailouts on MSNBCs Morning Meeting, host Dylan Ratigan described the process by which the Federal Reserve exchanged $13.9 trillion of bad bank debt for cash that it gave to the struggling banks. Spitzer — who built a reputation as the Sheriff of Wall Street for his zealous prosecutions of corporate crime as New ...
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...-- Some of the biggest recipients of the government's $700 billion financial bailout, including Bank of America and Morgan Stanley, increased their spending on lobbying in the second quarter as Congress began to look closely at revamping the rule system for...
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Sioux City Journal
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http://www.siouxcityjournal.com/articles/2009/07/21/news_business/local//ceb47de23959f0d5862575fa000ed87b.txt
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...spokesman for the National Retail Federation. By not getting involved, the administration gambled CIT was not so enmeshed with the financial system as companies like Citigroup, Bank of America and others that accepted federal bailout money, analysts said....
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Minneapolis Star Tribune
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http://www.startribune.com/business/51264842.html
Tom Fitton, President of Judicial Watch, discussing documents obtained from the Treasury Department about the October 2008 meeting which forced banks to accept TARP funds
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...the region's fifth largest bank ranked by deposits. Cavendish-Carey said the slogan -- "Bailout Free, Responsible Community Banking" -- was slated to appear on a just few billboards, but the response was so positive that executives decided to extend the reach. "We...
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Pittsburgh Entertainment
http://www.pittsburghlive.com/x/pittsburghtrib/business/s_631587.html?source=rss&feed=7
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...week forecast that Spanish GDP will fall 4.2% this year and the rate of unemployment will rise to 18%.In Spain's first bank bailout of the current crisis, the Bank of Spain took over management of Caja Castilla-La Mancha and the government provided a 9 billion...
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Wall Street Journal
http://online.wsj.com/article/SB124622134362865683.html#mod=WSJ_topics_obama
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This list shows a breakdown of where the Treasury Department, authorized by Congress, has directed taxpayer money in the ongoing bailout of the financial system. It accounts for both the broader $700 billion bill and the separate bailout of Fannie Mae .
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Beltway Blips
http://beltwayblips.dailyradar.com/story/bank_bailout_turns_out_to_have_been_good_business_for/
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...Department's Troubled Asset Relief Program, including $20 billion in a January bailout to help the Charlotte, North Carolina, bank absorb Merrill Lynch & Co. In May, Lewis had said credit losses should take a "heavy toll" over the next few quarters, after...
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The Washington Post
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http://www.washingtonpost.com/wp-dyn/content/article/2009/06/04/AR2009060403600.html?nav=rss_business/industries
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...a financial catastrophe. If their requests are approved, Goldman and Morgan would be the first among the nine banks to repay bailout money. Twelve smaller banks have returned nearly US$1.2 billion in government money so far. More than 570 banks have received...
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China Post
http://www.chinapost.com.tw/business/americas/2009/05/20/208898/Goldman%2DMorgan.htm
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...to trigger a financial catastrophe. If their requests are approved, Goldman and Morgan would be the first among the nine banks to repay bailout money. Twelve smaller banks have returned nearly $1.2 billion in government money so far. More than 570 banks have...
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PR-Inside.com
http://www.pr-inside.com/goldman-morgan-stanley-apply-to-repay-r1262094.htm
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...on the nation's 19 largest banks. On Wednesday, Treasury Secretary Timothy Geithner specifically said some of the recycled bailout cash will go to community banks. But it's not clear how many banks even want TARP money. Some have canceled plans to take bailout...
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Asbury Park Press
http://www.app.com/article/20090513/BUSINESS/905130386/1003/rss08
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...in the Capital Purchase Program, which is part of the federal Trouble Asset Relief Program bailout. As part of the bailout, Webster Bank, based in Waterbury, received $400 million in November. In December, First National Bank of Litchfield received $10 million. ...
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WFSB
http://www.wfsb.com/money/19431273/detail.html
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...new debt in the event of payment default by the borrowing bank. A number of big banks that have received federal money under the bailout program also have benefited from the FDIC debt guarantees. Some of the nation's 19 biggest banks, including JPMorgan Chase...
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San Diego Union Tribune
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http://www3.signonsandiego.com/stories/2009/may/07/us-bailout-fund-050709/?business
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...debt in the event of payment default by the borrowing bank. A number of big banks that have received federal money under the bailout program also have benefited from the FDIC debt guarantees. Some of the nation's 19 biggest banks, including JPMorgan Chase...
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The Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/07/AR2009050702530.html?nav=rss_business/industries
Final Vid part 6 of 6 Wall Street Journal online.wsj.com Victorville model homes being demolished. BREAKING NEWS Developing: Another bank will begin the tear down of 20 Temecula homes in Southern California. NEW HOMES DEMOLISHED By Patrick Thatcher, staff writer for, Daily Press Victorville- The housing collapse is taking a literal form for one bankrupt housing development. Four model homes and 12 nearly finished spec homes at Bear Valley Road and Highway 395 are being demolished. The ...
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...to find out how much money they will be providing me. I have a short list of requests for my bank that got a bailout. Bank Bailout Requests The first item I am requesting is a reduction in my mortgage payment. I paid way too much for my house at the peak of...
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Associated Content
http://www.associatedcontent.com/article/1678622/i_need_a_bank_bailout.html
Hundreds of anti-tax 'tea parties' have been held all over the US by protesters who think Obama's bank bailout and stimulus package are mortgaging the future for an easier present. ... anti-tax US protest Obama bank bailout stimulus package mortgage
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...as part of a nationwide campaign protesting the recent bank bailout. Protestors rallying against the recent federal bank bailouts converged on the Capitol Square Saturday, including marching to Chase Bank at 22 E. Mifflin St. The Wisconsin Network for...
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The Daily Cardinal
http://www.dailycardinal.com/article/22790
www.MarkFiore.com Take a look at some of the banks behind out the economic crisis. Learn about bailouts, zombies and other terrors. A MarkFiore.com animation.
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...records shows that Buffett, the world's second-wealthiest person, also quietly has become a top beneficiary of the banking bailout he so vigorously advocated. Just 28 companies received more than 90 percent of the funds so far disbursed to financial firms...
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Sacramento Bee
http://www.sacbee.com/investigations/story/1756261.html?mi_rss=National%20Political%20News
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...records shows that Buffett, the world's second-wealthiest person, also quietly has become a top beneficiary of the banking bailout he so vigorously advocated. Just 28 companies received more than 90 percent of the funds so far disbursed to financial firms...
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Sacramento Bee
http://www.sacbee.com/topstories/story/1755868.html?mi_rss=Top%20Stories
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...of Ireland defended its plans for a state bailout today against a hail of criticism from shareholders, but admitted it had earlier failed to respond in time to the bursting of Ireland's property bubble. Bank of Ireland is seeking investor approval for government...
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This Is London
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http://rss.thisislondon.co.uk/c/365/f/11085/s/3953bd5/l/0L0Sthisislondon0O0Cstandard0Ebusiness0Carticle0E2366820A60Edetails0CInvestors0Kspar0Kover0KBank0Kof0KIreland0Kbailout0Carticle0Bdo/story01.htm
ARE YOU WITH ME? -Close all Accounts at Bank of America, Chase, Citi-Bank, and AIG -Send any unwanted bills to the Federal Reserve -Rate, favorite and send this video out to everyone you know -Contact the local media and inform them of the Bank Resistance -Call your favorite radio...
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...add jobs in Cincinnati and is working to repay the government early for the $6.6 billion received in federal bailout funds, bank chief executive Richard Davis said Thursday. Davis stressed that, though vilified now, the banking industry will aid America's...
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Cincinnati Enquirer
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http://news.cincinnati.com/apps/pbcs.dll/article?AID=/AB/20090320/BIZ01/903200372/
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...CINCINNATI (AP) -- A bank that accepted billions in bailout money, then gave away hundreds of thousands of dollars in a sweepstakes, said yesterday that the promotion was just another form of advertising and rebuffed complaints of insensitivity to taxpayers. Cincinnati-based...
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Columbus Dispatch
http://www.dispatch.com/live/content/business/stories/2009/03/20/bank_bailout_contest.ART_ART_03-20-09_C11_C4DA07M.html?type=rss&cat=&sid=101
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...that the current interest rate for bank borrowing is less than 1 percent. Parker said that the bailout money is not for banks confident they have enough to borrow at the market rate. "If you have enough capital, your probably are able borrow at the market...
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Reno Gazette-Journal
http://www.rgj.com/article/20090314/BIZ/903140324/1071
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...signed, and $700 billion was to flow into local banks around the country to, in part, stabilize the economy, bailout troubled banks and save homes. Now those bank CEOs are in the hot seat. "Where is it? Where is it?" asked Dodd. "It's not available here." Many...
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WSMV Nashville
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http://www.wsmv.com/news/18889211/detail.html
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...distinguish between bailout money and other revenue. What the newspaper ad meant, she said, is that the bank didn't need the bailout money to pay its routine operating expenses — including employee trips like the one to Las Vegas. There's an important distinction...
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China Post
http://www.chinapost.com.tw/business/americas/2009/03/04/198656/Banks%2Ddeny.htm
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...distinguish between bailout money and other revenue. What the newspaper ad meant, she said, is that the bank didn’t need the bailout money to pay its routine operating expenses — including employee trips like the one to Las Vegas. There’s an important distinction...
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The Oakland Press
http://www.theoaklandpress.com/articles/2009/03/03/news/doc49ad397caba39428602663.txt
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...doesn't distinguish between bailout money and other revenue. What the newspaper ad meant, she said, is that the bank didn't need the bailout money to pay its routine operating expenses - including employee trips like the one to Las Vegas. There's an important...
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The Seattle Times
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http://seattletimes.nwsource.com/html/politics/2008805374_apspinmeterbanksmeltdown.html?syndication=rss
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...doesn't distinguish between bailout money and other revenue. What the newspaper ad meant, she said, is that the bank didn't need the bailout money to pay its routine operating expenses - including employee trips like the one to Las Vegas. There's an important...
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ReadingEagle.com
http://hosted.ap.org/dynamic/stories/S/SPIN_METER_BANKS_MELTDOWN?SITE=PAREA&SECTION=HOME&TEMPLATE=DEFAULT
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