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Features SEC adopts new rules for credit-rating agencies (AP) AP - Federal regulators on Wednesday adopted new rules designed to stem conflicts of interest and provide more transparency for Wall Street's credit-rating industry, widely faulted for its role in the subprime mortgage debacle and ensuing credit crisis. Mortgage application, refinance volume surge (AP)
EU businesses: states should buy company debt (AP) AP - European Union businesses called on EU governments Wednesday to buy up company debt to ease financing and help prevent bankruptcies as the economy shrinks. "Bottom's been made" in stocks: Legg Mason's Miller (Reuters) Reuters - Legg Mason's Bill Miller, a celebrated value investor but whose stock picking is far off the mark this year, said on Wednesday the "bottom has been made" in U.S. equities, and forecast opportunities for strong gains once markets rally. VISCAPE REINVENTS the VACATION HOME INDUSTRY USING WEB 2.0 News
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