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Lawmakers Probe Bear Stearns Purchase



By JULIE HIRSCHFELD DAVIS, AP
26 March 2008 @ 11:45 am EST

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The Senate is expected to vote next week on a housing aid package vehemently opposed by the Bush administration and congressional Republicans that would, among other things, allow bankruptcy judges to adjust the amount owed and interest rates on mortgages of struggling homeowners.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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