Thursday, January 10, 2008

photo by Mozzer502

Quote for the day:

What has become clear to you since we last met?

- Benjamin Franklin

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In the news:

BofA in talks to buy Countrywide.

U.S. retailers reported disappointing holiday sales in December. Walmart and Costco were bright spots.

Ben Bernanke says lower rates may be needed: "We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks.''

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