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More reports:
  1. Losses highlight risks of retiree-aimed funds Newsday, NY - Oct 12, 2008 That includes managed payout funds from Fidelity , Vanguard and Schwab, which all introduced the payout funds in August 2007. The drops shouldn't come as a ...
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  2. CHARLOTTE, N.C. - U.S. banks charged off 5.47 percent of all credit card loans in the second quarter, according to the Federal Reserve, representing some $50 billion that they'll likely never collect. First came trouble with mortgages, then home ...
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