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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (379967)1/20/2009 5:05:52 PM
From: Secret_Agent_Man   of 436258
 
Bank of NY Mellon 4Q profit plunges 95 percent
1 minute ago
Bank of New York Mellon says its profit tumbled nearly 95 percent in the fourth quarter, due to sizable losses on investments and a severance-related charge. Excluding certain one-time charges and expenses, the bank says it earned $53 million, or 5 cents per share, down from $700 million, or 61 cents per share, in the fourth quarter of 2007....
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