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Friday, December 14, 2012

Financial news: 12/14/2012

• Fox: The Fed is creating "lemon socialism" per Deutsche Bank
• Reuters: Fed rolling dice on imperfect metric per GS economist
• ZH: Unethical investing on Fed data the "only game in town"
• MN: Fed pursuing baby boomer welfare via monetary policy
• MW: Credit bureaus pass on 85% of complaints per CFPB
• CNN: Financial tensions compound for bereaving low earners
• AOL: Advertisers muted by CALM Act's volume requirements
• Bloomberg: Multiple banks implicated in financial fraud probe
• BBC: U.K.'s AAA credit rating put on negative outlook by S&P
• NYT: China seeking to develop banking via deposit insurance
• BI: China looking to innovation instead of export driven economy

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