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  1. www.bloomberg.com
    Nov. 7 (Bloomberg) -- Franklin Bank Corp., the Houston-based bank controlled by Lewis Ranieri , was closed by regulators today, the 18th U.S. bank seized this year amid mounting real-estate losses and slumping home sales.
  2. www.washingtonpost.com
    WASHINGTON -- The Federal Reserve slashed a key interest rate by half a percentage point, driving it to a level seen only once before in the last half-century, and the government finally began distributing funds from the billions in the financial rescue package.
  3. www.tvweek.com
    The Television Advertising Bureau predicts a 7% to 11% national decline in local TV advertising in 2009, a downward revision made after the deterioration of economic conditions accelerated in September. The TVB also predicted a year-over-year decline of 7.1% for 2008 in its Tuesday announcement. The new data was requested by incoming TVB Chairman Frank Comerford, who asked TVB President Chris ...