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Darling Defends Secret Loans
Alistair Darling said any disclosure of the secret loans to RBS and HBOS at the time would have "seriously" jeopardized financial stability and "the risk to public resources was low."
online.wsj.com

Big spending measure set for House vote riles GOP
WASHINGTON (AP) -- Despite a massive budget deficit, House Democrats pressed ahead Thursday with a huge spending measure combining major spending boosts for domestic agencies and foreign aid with more than 5,000 back-home projects sought by lawmakers....
hosted.ap.org

A Dutch Formula to Fight Job Losses
The Netherlands has relied heavily on so-called short-work programs to keep people working. But some credit the low unemployment rate to conservative practices before the crisis.
online.wsj.com

Big Economies Need More Deleveraging
Efforts to reduce very high levels of debt in the U.S. and other big economies will likely force widespread belt-tightening in the world economy and bring about very slow growth over several years, according to a new study.
online.wsj.com

F.B.I. Violated Rules in Obtaining Phone Records, Report Says
The F.B.I. improperly obtained calling records for more than 3,500 telephone accounts between 2003 and 2006, said the Justice Department’s inspector general.
feeds.nytimes.com