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    [EUROIMF1]

    Europe Bailout Fund Gains Backing

    The European Union's executive arm said it is preparing proposals that could lead to the creation of a bailout fund for financially troubled euro-zone countries.

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              [ggp]

              General Growth Debt Bet Pays Off

              A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.

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