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US Bailout Cost Seen Lower at $89 Billion: Report

(CNBC.com) — The U.S. government’s bailout of the financial system is expected to cost $89 billion, much lower than earlier projections, the Wall Street Journal reported on Sunday, citing Treasury...

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The Charmed Life of Hedge Funds

(Businessweek.com) — There’s one corner of Wall Street that is happily backing Congress’s regulatory overhaul of the U.S. financial system: the $1.7 trillion hedge fund industry. The private investment...

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