PORTLAND (AP) — An index of housing prices says home values in the Portland area were down 10.1 percent in October compared with a year earlier and are at January 2006 levels.
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Portland housing prices slip 10 percent (The World)
Fifth Third Bancorp said Wednesday it has closed its sale of $3.4 billion in preferred shares to the U.S. Treasury as part of the government’s overall $700 billion bailout of the financial industry.
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5/3 receives $3.4B from bailout pot (The Cincinnati Enquirer)
Government officials overseeing a $700 billion bailout have acknowledged difficulties tracking the money and assessing the program’s effectiveness. The information was contained in a document, released Wednesday, of a Dec. 10 meeting of the Financial…
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Officials say it’s hard to track bailout funds (San Francisco Chronicle)
