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Monday, September 24, 2012

Financial news: 09/24/2012

CNN Money: Apple shares account for 2% of the S&P 500s gains to date
Option Queen: Fed's QE3 will not end well due to uncontrolled effects
AP: Junk bond yields shrinking due to Federal Reserve intervention
Bloomberg: Cost of acquiring new oil becoming too expensive
AOL: Low income New Yorkers spend near 25% of income on tobacco
BBC: U.K. August deficit of £14.4bn highest on historical record
CNBC: Amount of European Stability Mechanism's leverage uncertain 
BI: German renewable energy requires inefficient power consumption
Zero Hedge: Greece under-reported its Jan-Aug budget deficit by €7.5
Money News: Chinese company layoffs increased to 20% from 13%
Reuters: Chinese real estate market rebound unlikely due to regulation

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