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Kay Bailey Hutchison admits to mistake supporting bank bailout

Kay Bailey Hutchison admits to mistake supporting bank bailout Kay Bailey Hutchison said Wednesday that she made a mistake by supporting the initial $700 billion bailout of the nation’s financial...

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Once-mighty Motor City files for bankruptcy

Once-mighty Motor City files for bankruptcy DETROIT (AP) – Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy Thursday, its finances ravaged...

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