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Wall Street: Bring on '09
Stocks rallied Wednesday, as investors welcomed the end of an abysmal year on Wall Street and looked forward to a better year ahead.
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How much did Madoff scheme cost?
The Bernard Madoff scandal will certainly end up as the most expensive Ponzi scheme in U.S. history, but the $50 billion price tag claimed by the disgraced financier may end up as fictitious as the returns that he had promised investors.
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Investors to buy IndyMac - $13.9B
The Federal Deposit Insurance Corp. announced Friday that it had struck a deal to sell failed mortgage lender IndyMac to a group of private investment firms for $13.9 billion.
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FBI goes on massive hiring blitz
Despite a bleak economic environment featuring wide-ranging layoffs and rising unemployment, the nation's premier law enforcement agency is touting "one of the largest hiring blitzes in our 100-year history."
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Bonds in 2009: Waiting by the exits
Treasurys are coming off their best year since 1995, returning more than 13.7% to investors in 2008, but analysts say support for bonds could come to a crashing end in 2009.
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