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Lawmakers Revise Creditor Haircut For Failing Banks

By Jessica Dye (December 9, 2009, 3:03 PM EST) -- Reps. Brad Miller, D-N.C., and Dennis Moore, D-Kan., plan to offer an amendment to financial regulatory reform legislation that would reduce the amount by which the Federal Deposit Insurance Corp. can limit the claims of secured creditors of failed banks....

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