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Assembling America's Mortgage Team

Retired and on his first family vacation in years, Herbert M. Allison Jr. sat with his wife and adult sons eating lunch on a veranda in the Virgin Islands when an urgent caller rang with a confidential inquiry.

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06.10.2008 06:00:00 - washingtonpost.com - Business

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A Test of Blackstreet's Strategy

Executives of Blackstreet Capital Management, a Bethesda private-equity firm, are constantly tossing around pithy investment philosophies. One saying is, "If we can't fix it in 12 to 24 months, we probably can't fix it."

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06.10.2008 06:00:00 - washingtonpost.com - Business

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Sen. Ted Stevens Indicted in Alaska Corruption Probe

Alaska Sen. Ted Stevens (R) was charged with seven counts of making false statements on his financial disclosure forms in an indictment unsealed in federal court in the District this afternoon.

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29.07.2008 23:40:05 - washingtonpost.com - Business

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Judge ruling on Sprint fees is blow to industry

SAN FRANCISCO -- The fees that cell phone carriers charge customers who break service contracts took a big hit in a California courtroom when a judge said such charges by Sprint Nextel Corp. likely violate state law.

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29.07.2008 22:22:00 - washingtonpost.com - Business

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Alcatel-Lucent chairman and CEO to quit

PARIS -- Both the chairman and chief executive of French telecommunications giant Alcatel-Lucent will resign later this year, the company said Tuesday, as stagnant demand from operators and the weak dollar continued to undermine the promises of their two-year-old combination.

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29.07.2008 21:59:18 - washingtonpost.com - Business

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Popular Scrabulous Game Vanishes From Facebook

It's game over for Scrabulous; the popular Scrabble knockoff game on Facebook is no longer available as of this morning.

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29.07.2008 20:41:00 - washingtonpost.com - Business

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Air Travel Failings Exposed Again by Weekend Storms

The line of thunderstorms stretching from Albany to Washington over the weekend showed once again how broken the nation's air system is, according to travelers and activists.

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29.07.2008 06:00:00 - washingtonpost.com - Business

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Treasury, Banks Promote 'Covered Bonds'

The nation's top financial regulators and four of its largest banks announced plans yesterday to expand a method for financing mortgages, called "covered bonds," in an effort to reinvigorate the frozen housing market.

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29.07.2008 06:00:00 - washingtonpost.com - Business

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Fannie, Freddie On a Tightrope

The collapse in the stock prices of Fannie Mae and Freddie Mac earlier this month, followed by an equally dramatic rebound, underscored the vulnerability of today's agitated markets to panic and the mercurial behavior of global traders.

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29.07.2008 06:00:00 - washingtonpost.com - Business

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Vanda's Stock Plunges 73% After FDA Rejects Drug

Vanda Pharmaceuticals' stock tumbled 73 percent yesterday after federal regulators rejected the Rockville biotech's schizophrenia treatment, saying it was similar to a drug already on the market.

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29.07.2008 06:00:00 - washingtonpost.com - Business

washingtonpost.com - Business

Assembling America's Mortgage Team

A Test of Blackstreet's Strategy

Sen. Ted Stevens Indicted in Alaska Corruption Probe

Judge ruling on Sprint fees is blow to industry

Alcatel-Lucent chairman and CEO to quit

Popular Scrabulous Game Vanishes From Facebook

Air Travel Failings Exposed Again by Weekend Storms

Treasury, Banks Promote 'Covered Bonds'

Fannie, Freddie On a Tightrope

Vanda's Stock Plunges 73% After FDA Rejects Drug

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