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Early Feb 4 Headlines
- Alleged Saks acquisition candidate Baugur files for bankruptcy (Bloomberg)
- Toxic asset guarantees have won over bad bank: Senate to take easy yet ineffective way out as usual (Bloomberg)
- Financial triage means taxpayers about to double down their unwilling stakes (Washington Post)
- Meredith Whitney sees DMV agents pitching M&A deals soon (Bloomberg)
- Time Warner reports $16 billion loss (FT)
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