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 4/10 Good --- moldova.org http://moldova.org/chanels/rss/eng/1/56
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Saturday, May 10, 2008 --- 76 days ago http://economie.moldova.org/stiri/eng/118099/
| Investment firm buys Sallie Mae stakeWASHINGTON, May 10 (UPI) -- Mutual fund manager Dodge & Cox has acquired a 10.5 percent stake in troubled student loan company Sallie Mae after the lender won relief from U.S. lawmakers.San Francisco-based Dodge & Cox revealed it made the stock buy in a disclosure filing made with the U.S. Securities Exchange Commission, according to a report in the Washington Post, which said the investment firm did not indicate it had any plans to pursue a takeover of Sallie Mae.Dodge & Cox put down its money after Sallie Mae's share price had been battered by turmoil in the credit markets and cuts in student loan subsidies from the federal government. ... |
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