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  1. "It's supposed to be a mantra. Every morning, every night, a money fund provider should be safety of principal, liquidity, a reasonable rate of return and a sound night's sleep. And they forgot the mantra," said Bruce Bent, founder of The Reserve, one of the largest money market firms. But The Reserve saw its flagship Primary Fund notify startled investors it could not pay them all they were ...
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  2. General Motors Corp. (NYSE:GM) is cutting costs, selling assets and chopping more jobs after reporting a third-quarter net loss of US$2.5 billion as the battered carmaker copes with one of the worst market downturns in the history of the North American auto sector.
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  3. John Podesta, Shepherd of a Government in Exile New York Times, United States - 2 hours ago They include the billionaire investor George Soros; Peter B. Lewis, chairman of Progressive Insurance ; the Hollywood producer Steve Bing; ...
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