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Bank of America Says $10.7 Billion of Trades Wrongly Classified

The bank transferred mortgage-backed securities to a trading partner with the idea of receiving different securities later and classifying the deals as sales, the Wall Street Journal reported...

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Analyst: Expect tomorrow’s net jobs gain to be … 54,000

“The probability of an acceleration of that down move is high over the next two quarters.” Really?  Expectations among economic analysts for tomorrow’s job number revolve around a mediocre 150,000,...

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