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Kopczynski said he disclosed his firm’s $47.5 million stake in Solyndra but did not disclose that the company was in financial trouble because he said it was not required.
“The Navy put out a request for solar technologies with certain attributes. Solyndra and the others I recommended fit the various technology requests,” Kopczynski told the newspaper.

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Neither Kopczynski nor RockPort could be immediately reached for comment.
Solyndra received a $535 million government loan guarantee. It was raided by the FBI after it filed for bankruptcy.
Republicans in the House of Representatives are investigating whether politics played a role in that decision, and whether the Energy Department broke the law by agreeing to restructure Solyndra’s debt earlier this year.

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"The central bank is more likely to keep its current monetary stance unchanged and will wait for data in coming months to judge the direction of policy,” Qiao said.
The dip in inflation in September was right in line with a poll of economists’ forecasts and lower than August’s reading of 6.3 percent.
Food price pressures remained strong, however, rising 13.4 percent from a year earlier, unchanged from the pace in August’s data. Non-food inflation eased to 2.9 percent from 3.0 percent in August, the data showed.

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China’s producer price index in September came in below market expectations with a 6.5 percent rise from a year ago, compared with August’s 7.3 percent.
“The data will come as a relief to the Chinese government, which now faces a deadlock in policymaking. It will fine-tune policies in December,” said Shen Jianguang, an economist with Mizuho Securities Asia in Hong Kong.

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The government has already taken some baby steps to support the economy. On Wednesday, it unveiled measures to support cash-starved small businesses, which account for 75 percent of employment.
A unit of China’s sovereign wealth fund is buying Chinese bank shares in the midst of concern about how they will be impacted by a mountain of local government debt.

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The other foreign banks on the so called short list include, BofA-Merrill and BNP Paribas. Woori Investment & Securities <005940.KS> and Daewoo Securities <006800.KS> are among the local banks placed on the list.
The world’s largest shipbuilder, Hyundai Heavy Industries Co Ltd <009540.KS>, which owns a 91.1 percent stake in Hyundai Oilbank is running the public float process.

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Financial analyst Jeff Fidacaro is saying that the boost in production is due to Apple building new iPad 3 models along side the current generation iPad. Fidacaro is seeing between 600,000 to one million iPad 3 units being built, which could bring to total number of iPad units built in the fourth-quarter up to 14 million.

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The benchmark closed Friday above 1,220 for the first time since early August, and bets against the recent rally could start to pile up.
But Monday earnings and guidance from IBM , followed by results from Apple , Coca-Cola and Intel on Tuesday could give shorts a reason to put their guns down. The S&P could be on its way to a third straight winning week --a streak not seen since February.

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Support for the anti-capitalist protest movement was light in Asia, where the global economy is booming. About 300 people turned out in Sydney, while another 200 chanted anti-nuclear slogans outside the Tokyo Electric Power Co., which operates the tsunami-hit Fukushima Dai-ichi nuclear plant. In the Philippines, 100 people marched on the U.S. Embassy in Manila.

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But the All Blacks swept away any doubts with a masterful 20-6 defeat of the Wallabies to set-up what will be a re-match of the inaugural World Cup final this coming Sunday which, then as now, was staged at Eden Park.
The All Blacks were too strong for France in 1987, winning 29-9, and have given every indication they will be again in the climax of this World Cup.

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New Zealand have conquered France once already in this tournament, during a 37-17 pool win, but Henry will need no reminding ‘Les Bleus’ remain a World Cup bogey team for the All Blacks.
New Zealand fans were inconsolable after a stunning 20-18 loss to France in the 2007 quarter-finals in Cardiff.

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Opposition leaders had called on voters to cast invalid ballots in protest, contending the election would only strengthen Morales’ hold on power since the 114 candidates were chosen by a Congress dominated by his governing MAS movement.
Election results were not expected for five days, but exit polls done for two radio stations and a TV network all indicated the protest vote against Morales had won. The positions will still be filled. Only a majority of valid votes was needed to win.

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Added Ryan Briscoe: “I’ll tell you, I’ve never seen anything like it. The debris we all had to drive through the lap later, it looked like a war scene from Terminator or something. I mean, there were just pieces of metal and car on fire in the middle of the track with no car attached to it and just debris everywhere. So it was scary, and your first thoughts are hoping that no one is hurt because there’s just stuff everywhere. Crazy.”

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Obama’s advisors had initially presented the jobs plan as a take-it-or-leave-it proposition. But that strategy collapsed last week after Senate Democrats failed to muster the 60 votes necessary to break a filibuster and force a vote on a plan that has become the centerpiece of Obama’s agenda.

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The Senate plans to cast a vote as early as this week on the first component of Obama’s plan: $35 billion to save the jobs of public school teachers, police and firefighters.

Senate Majority Leader Harry Reid (D-Nev.) made the announcement as Obama set out on his trip.

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Egyptian television and Israel Radio reported that the soldier, Staff Sgt. Gilad Shalit, had already left Gaza. Israeli officials did not confirm that.

The mechanics of the deal were complex but apparently moving smoothly just after dawn. Israeli officials began to gather at an air force base south of Tel Aviv where Sergeant Shalit, 25, was expected to be brought after being transferred from Gaza into Egyptian territory.

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Experts have questioned whether his idea to cut personal income and corporate taxes to 9 percent, while creating a 9 percent national sales tax, would in fact raise taxes on lower- and middle-income Americans, hurting the most needy.

Cain’s economic plan, plus his absence of foreign policy credentials and no experience governing, may surface as a problem just as he begins to gain the attention of voters who find him a much-needed fresh face in politics with an inspirational style.

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Prime Minister Benjamin Netanyahu, Defense Minister Ehud Olmert and the military chief of staff, Lt. Gen. Benny Gantz, were expected to arrive there to greet his helicopter and deliver him to a private room where his family would be waiting.

Israeli television showed the Shalit family leaving their home in northern Israel to be taken by helicopter to the base, Tel Nof.

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Seven candidates will take the stage Tuesday for the last in a rapid-fire series of five fall debates.

With a three-week lull until the next gathering of 2012 candidates, the CNN/Western Republican Leadership Conference debate offers some GOP hopefuls a shot at solidifying their positions, and presents others with one of their last chances to be heard by a national audience before the Jan. 3 Iowa caucuses.

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Rick Perry needs to avoid more deer-in-the-headlights moments.

To say that Perry has struggled in the debates is an understatement. But the expectations are now so low for him that he could more or less get by with a few brisk, coherent answers that underscore what was supposed to be his main selling point — the Texas jobs record.

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