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Monday, November 19, 2012

Financial news: 11/19/2012

AP: Increased tax for wealth non-negotiable per Pelosi
MN: Economists doubt effectiveness of short-term fiscal solutions
NYT: Savvy accounting upsetting British & French governments
InvestorPlace: GS cutting costs via automation & few partnerships
Option Queen: S&P 500 to see new lows despite relief rallies
CNBC: By '11, hedge funds & private equity reached $67 trillion
ZH: Developed countries use credit to finance economic growth
CNN: Hostess to lay off 18,000 employees before shutting down
Fox: Walmart workers planning large strike on Black Friday
Bloomberg: Big rebound in China's R.E. not supported by policy

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