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Biotech / Medical : Biotech Valuation
CRSP 55.32+2.7%3:59 PM EST
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From: Arthur Radley2/17/2008 7:11:51 PM
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(OT)
News tonight that the British government is nationalizing Northern Rock, a major UK mortgage lender, will probably roil the markets. Appears all efforts to sell the company to another company had stalled, thus making a government buyout the only solution. Thankfully our markets will be closed tomorrow!!!
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