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From Bloomberg (hat tip reader Scott):
Wells Fargo & Co., the second- biggest U.S. home lender, may need $50 billion to pay back the federal government and cover loan losses as the economic slump deepens, according to KBW Inc.’s Frederick Cannon.
ID:nLDE5BP055] Share markets that were open in the region, where some centres including Australia are still on holiday, rose and US Treasury futures TYv1 ... and more »
Sun, Dec 27 | from Reuters