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  1. Fifteen months into the worst credit crisis in decades, major banks and the federal government are coming together on a solution for struggling mortgage borrowers. The goal is to hasten the process for renegotiating hundreds of thousands of ...
    www.forbes.com
  2. posted a $24.47 billion third-quarter loss, the largest in the company's 89-year history. In addition to massive losses on investments, there were billions of dollars of insurance claims from hurricanes that battered the U.S. Gulf Coast this year.
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