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Friday, May 18, 2012

Financial News 05/18/2012

Bloomberg: FHFA considering limited mortgage write downs
CNBC: JP Morgan has $100 billion in risky assets, plans to sell some
CNN Money: Non-profit organization promotes subsidized jobs
BI: Facebook value priced in, premiums to be far higher than Google 
Zero Hedge: Interview with Geithner demonstrates revisionist agenda
AP: Greeks unsure about path forward, new election scheduled for June
Reuters: German finance minister predicts 1-2 yrs of market turmoil
Moody's: 16 Spanish banks' long-term debt & deposit ratings downgraded
UK Guardian: Berkshire Hathaway taps into local media with newspapers
MW: Fear of capital flight contributing to large decline in Asian stocks

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