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  • CORRECTED-TOPWRAP 7-Europe/US banks suffer, recession a reality - Forbes
    www.forbes.com
    LONDON, Nov 3 (Reuters) - Profits evaporated at leading banks on Monday and authorities worldwide pressed on with efforts to temper a recession that policymakers said had become reality for much of the globe. The European Commission said the 15 ...
  • Fed lending program not yet taking hold (CNN Money)
    money.cnn.com
    Despite a nearly $150 billion Federal Reserve effort to boost the critical business lending market, early indications show the central bank's program has not yet encouraged investors to buy up corporate debt.

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