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catman26

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catman26

Re: jhdf51 post# 186465

Friday, 04/09/2010 2:30:25 AM

Friday, April 09, 2010 2:30:25 AM

Post# of 734891
04/08/10 WASHINGTON (Reuters) - A Senate panel will start probing the causes of the financial crisis and plans to examine the risky home loans sold and bundled by Washington Mutual Bank as well as the role of bank regulators, the panel said on Thursday.

The Senate hearings, scheduled for April 13 and 16, come as a congressionally appointed commission also investigates what caused the worst economic crisis in decades.

The Senate permanent subcommittee on investigations is holding the hearings and did not disclose who would be testifying. Washington Mutual, one of the biggest bank failures in U.S. history, is trying to emerge from bankruptcy. (Reporting by Rachelle Younglai; Editing by Gary Hill)
I apologize if this has been previous posted.EOM
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