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Stocks Lower, but Pare Sharp Losses

Story date: 2007-10-24 12:28:00
Added on: 2007-10-24 23:16:57


CNBC - The worse-than-anticipated loss indicated the financial sector may be in a more dire situation than anticipated because of the credit squeeze that was triggered in part by spikes in mortgage defaults. In a conference call with investors, Merrill CEO ...


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