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Public Wire

Money: US Bailout - 01 October 2008

Andy Verity and Mickey Clark present this morning's business stories, including: A closely watched barometer of the US housing market is released overnight but what does it tell us about the epicentre of the global financial crisis? We look at changes to the rules governing what you can and can't invest in for your pension which come into force today. We also ask if hedge funds deserve all the negative media coverage and changes to investment rules that outlaw one of the chief ways they make money. Finally, there's a warning that unemployment is poised to spike.

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