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Credit freeze: 2 months after Lehman |
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Written by Webmaster
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Saturday, 15 November 2008 |
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Lehman Brothers' epic collapse two months ago marked a stunning turning point in the financial markets from which Wall Street is still recovering.
Pay Day Loan Fidelity adds 1,700 to job cuts
Mutual fund manager Fidelity Investments said Friday that it will cut 1,700 more jobs in the first three months of 2009 in the latest round of cost cutting.
 Dismal end to stocks' week
Stocks slumped Friday, with investors abandoning a recovery attempt, as the worst retail sales on record ignited fears of a long recession.
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Last Updated ( Saturday, 15 November 2008 )
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