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Treasury to Auction Off Big-Bank WarrantsA year after the federal government rescued the nation's financial industry, the Treasury Department announced Thursday that it would auction off its remaining investments in three large banks, freeing the lenders from the federal bailout program. ... |
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ABN Amro Gets Another Cash InjectionThe Dutch government said Thursday that it would spend another 3 billion euros to clean up ABN Amro, as it sought to put the problems at the collapsed lender behind it. ... |
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Ex-McKesson Chairman Is Found Guilty of FraudA federal jury found the former chairman of McKesson guilty of fraud on Thursday, nearly 10 years after he played a central role in a costly corporate accounting scandal. ... |
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Could Citi's Bet on EMI Come Out All Right?The financial fallout for Citigroup on its bet on music group EMI may not be as bad as feared, Breakingviews says. ... |
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Panel Votes to Broaden Oversight of the FedIn a display of populist anger toward the Federal Reserve, a House panel voted on Thursday to let Congress carry out sweeping new oversights of the central bank's policy decisions and operations. ... |
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Media Mogul's Battle With Deutsche Bank EscalatesGerman prosecutors said Thursday that they had filed fraud charges against Rolf E. Breuer, the former chief executive and chairman of Deutsche Bank, the latest development in Leo Kirch's legal battle with the bank over the collapse of his media empire. ... |
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