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Early Feb 13 Headlines
- Mortgage rescues fail as price drops spur increase in defaults (Bloomberg)
- Greenspan admits was mystified by subprime market until 2005 (NYT)
- Hypo to be nationalized after JC Flowers walks (Bloomberg)
- Will vulture investors be critical to recovery (Breakingviews)
- Banks need more aid to keep solvent (NYT)
- Eurozone contracts at record rate (FT)
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