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Fannie Mae Accounting Probe Widens

WASHINGTON – Federal investigators probing accounting problems at Fannie Mae (FNM) are now questioning how the No. 1 U.S. home finance company treated trusts that it set up to sell securities. Shares of Fannie Mae tumbled more than 6 percent on the news, briefly dropping $3.28 to $49.96 on Monday …

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No Chinese Envoy at Funeral

BEIJING – The Chinese government said on Thursday it will not send an envoy to Pope John Paul II’s (search) funeral due to its long-standing policy of refusing to recognize states that have diplomatic relations with rival Taiwan. The Vatican (search) is the only European government that has official relations …

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Bad Tackle Kills Arena Football Player

LOS ANGELES – Former NFL defensive lineman Al Lucas (search) died Sunday from a presumed spinal cord injury sustained while trying to make a tackle for the Los Angeles Avengers (search) during an Arena Football League game, the team said. Lucas was taken to California Hospital (search) and all attempts …

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