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POPS"Prime" Ain't What It Used To Be Those nice prime borrowers are getting hit hard. Delinquencies were up 50% last month, and yet the after-shock of the U.S.'s rising unemployment rate has yet to really kick in...
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POPSIs Helping-Out Also Bailing-Out? While the House failed to pass the $700 billion bail-out, the FDIC is pledging millions to Citigroup for its Wachovia deal. That could be, in effect, a different flavor bail-out.