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    WASHINGTON . After a bruising battle to get it through a doubting Congress, the Bush administration's $700 billion Wall Street rescue plan to purchase distressed mortgages and other bad assets has morphed into something else entirely. Today the Emergency Economic Stabilization Plan, signed by President Bush on Oct. 3, involves the government taking direct equity stakes in banks, and at ...
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    ROME (Dow Jones)--Enel SpA (ENEL.MI) Tuesday said third-quarter net profit tripled from a year earlier, lifted by the consolidation of Endesa SA (ELE.MC), international asset growth and a net tax gain of EUR704 million, after piling up EUR51.38 ...
  3. online.wsj.com
    LONDON (Dow Jones)--Electra Private Equity PLC (ELTA.LN), which Thursday posted a 10% decline in full-year net asset value, said it has started buying up debt as banks and hedge funds seek to offload loans. The London-listed buyout firm saw its net ...
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    A Chinese fishing boat with 24 people on board has been seized off the Kenyan coast by "unidentified persons".

 
 
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