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Nov. 4 (Bloomberg) -- Credit-default swaps totaling $33.6 trillion are outstanding on governments, companies and asset- backed securities worldwide, the Depository Trust & Clearing Corp. said in a report that gives the broadest data yet on the unregulated market. www.bloomberg.com
- Welcome for new breathalyser (The Star)
A new breathalyser - producing instant alcohol level results - has been welcomed by the insurance industry, which has lost thousands of rands because of the lengthy delay in obtaining results. www.thestar.co.za
- Active Managers Get the Cold Shoulder (WallStreet Journal via Yahoo! Finance)
A growing number of big investors are concluding that stock and bond pickers failed to add any value during the market turmoil and are shifting to index funds. biz.yahoo.com
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