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...(Reuters)(Financial Times) Merkel hints at tax cuts: The German Chancellor said her government had selective tax cuts in mind as a way of boosting the country’s flagging growth....
...Assuming a combined market share of guarantees to ABS CDOs for MBIA and Ambac of approximately 48% implies that the bond insurance industry as a whole stands to incur losses of $27.5 billion from ABS CDOs...
...Li, Chairman and Chief Executive, The Bank of East Asia Ltd., Hong Kong, China Andrew N. Liveris; CEO, The Dow Chemical Company, USA John A....
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