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Business news for Tue, 25 Dec 2007 & with word fed. 1 news.

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washingtonpost.com - Business
The Federal Reserve Board's clout isn't what it was during Alan Greenspan's glory days. Back then, the Fed looked and acted all-powerful (even though it wasn't). Now it's visibly failing to unfreeze key debt markets in which giant institutions lend to each other. Those markets have frozen out of...