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Freddie Mac names Ross Kari as new CFO (AP)

AP - Freddie Mac said Tuesday it has named a new chief financial officer, filling a post that has been occupied on an interim basis for a year.
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Congress wary of ‘plain vanilla’ bank proposal (AP)

AP - Congress is expected to reject President Barack Obama's proposed mandate that banks offer customers "plain vanilla" financial products, such as a 30-year fixed mortgage.
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U.S. mortgage delinquencies set record (Reuters)

A listing for a new price on a home for sale is seen on a sign in Manhasset, New York August 18, 2009. REUTERS/Shannon StapletonReuters - High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit bureau showed on Monday.


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Obama lashes out at U.S. banks over student loans (Reuters)

U.S. President Barack Obama steps out from Air Force One with Dr. Jill Biden (R) and Representative Paul Tonko (D-NY) during a stop to speak about the economy at Hudson Valley Community College in Troy, New York September 21, 2009. REUTERS/Kevin LamarqueReuters - President Barack Obama criticized the largest U.S. banks on Monday for trying to thwart legislation that would overhaul federal student loan programs.


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Meltdown jolts consumers from financial fairyland (AP)

In this Sept. 10, 2009 photo, David Sinclair, 62, of Rio Rancho, N.M., photographed in Santa Fe, N.M., has returned to work for a federal government agency in part due to the fact his stock holdings lost 33 percent of their value.(AP Photo/Craig Fritz)AP - The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way.


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Meltdown jolts consumers from financial fairyland (AP)

A man shows off his credit cards. US consumer credit posted a record plunge in July, the sixth monthly decline, as Americans bridled spending amid rising unemployment and an ailing economy, Federal Reserve bank data showed Tuesday.(AFP/Getty Images/File/Joe Raedle)AP - The stock market bounced back, just as it has for nearly three decades. It just doesn't feel that way.


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Fed policymakers likely to maintain aid programs (AP)

AP - With the economy starting to rebound but still fragile, Federal Reserve policymakers this week are expected to keep emergency programs to encourage spending and borrowing intact. But to avoid unleashing inflation later on, they are likely to consider ways to rein in programs designed to keep mortgage rates down and get banks to lend more freely.
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Low expectations for new loan help program (AP)

In this Aug. 4, 2009 photo, a bank-owned home is shown in Detroit. As of April, Detroit was tops in the nation with 2,656 foreclosed HUD homes, outdistancing second-place Indianapolis by more than 2,000. While HUD homes in other parts of the country are finding buyers, many in Detroit sit empty for months and even years, temptations to thieves and vandals.  (AP Photo/Paul Sancya)AP - Dial back the pie-in-the-sky projections.


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Sweden slashes income tax further to boost jobs (AFP)

A man with a child looks at the window display of a toy shop in the central Swedish town of Oestersund. Sweden's centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.(AFP/File/Soren Andersson)AFP - Sweden's centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.


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European stocks little changed ahead of US open (AP)

A trader works on the floor of the New York Stock Exchange September 18, 2009. REUTERS/Shannon Stapleton   (UNITED STATES BUSINESS)AP - European markets traded in a narrow range Friday ahead of expected small gains on the open on Wall Street as a lack of new economic data left investors hesitant to put more money into a rally which this week propelled many indexes to new highs for the year.