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	<title>Hedge Fund News From HedgeCo.Net &#187; committee-democrats</title>
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		<title>Automakers Plead to Congress for $25 Billion Bailout</title>
		<link>http://www.hedgeco.net/news/11/2008/automakers-plead-to-congress-for-25-billion-bailout.html</link>
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		<pubDate>Wed, 19 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Auto executives stood before Congress yesterday and requested a $25 billion rescue package, pleading that their industry was going under fast. After allocating billions to bailouts in recent months, the auto industry was met with quite a bit of reluctance from many of the same individuals who were all for the [...]]]></description>
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		<title>Bernanke, Paulson Pushing $700 Billion Rescue Plan</title>
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		<pubDate>Wed, 24 Sep 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Federal Reserve Chairman Ben Bernanke joined Treasury Secretary Henry Paulson yesterday in an attempt to sway lawmakers to pass a $700 billion rescue plan that would purchase illiquid mortgage-backed assets in an attempt to restore the U.S. financial system. &#160;&#160;Reaffirming that his interest lies solely in the recovery of the U.S. [...]]]></description>
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