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  1. Blackstone Group Reports $500 Million 3rd-Quarter Loss New York Times, United States - 16 hours ago Moreover, Mr. James said, about 60 percent of those companies have loans with relatively few restrictions, making it harder for these holdings to default on ... To Blackstone’s James, Credit Markets Are Recovering New York Times Blogs all 184 news articles
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  2. The credit crunch is closing in on credit cards. Banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards -- so they're trying to cut their losses by cutting off customers. Big-name credit card ...
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