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  1. The agency proposes using $24 billion in government funds to back mortgages that are modified to make them more affordable. Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure.
    www.latimes.com
  2. Debt Due in Europe Totals $2.1 Trillion Through 2011, S&P Says Bloomberg - 9 hours ago 11 (Bloomberg) -- Companies in Europe face ``substantial refinancing risk'' as a total $2.1 trillion of debt matures though 2011, according to a Standard ... Europe faces $2trln debt refinancing challenge-S&P Reuters Maturing debt risk set to hit telecoms sector Financial Times (subscription) all 8 news articles
    www.bloomberg.com
  3. WASHINGTON — Even as top Senate Democrats rolled out new legislation to provide $25 billion in loans to America's domestic automakers, the prospects of emergency funds appeared bleak Monday as the White House and Congress tangled over how best to ...
    www.miamiherald.com

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