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Germany Blocks Bigger Bailout Fund – Dutch Central Banker

European Central Bank Governing Council member Klaas Knot said Germany is standing in the way of creating a bigger bailout fund, and that the Netherlands will work to convince German officials to loosen the purse strings to create a larger emergency fund. Bloomberg reported that Knot made the statement on Dutch television Thursday evening, saying, [...]

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Top picks 2012 – Amazon.com

Amazon.com (AMZN) is a controversial call that we think will bear rich fruit long-term, and should begin to ripen nicely during 2012. The giant Internet retailer, with revenues in the $50 billion range — ten times the sales it rang up in 2003 and twice its 2009 total — has taken a great tumble. It [...]