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With the reduction in home values and, therefore, access to funds through home equity loans and lines of credit, an increase in credit card debt has occurred. According to the Federal Reserve, credit card debt has increased to over $900 billion. Is ...
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HARTFORD, Conn.----The Hartford Financial Services Group, Inc. today reported a third quarter 2008 net loss of $2.6 billion, or $8.74 per diluted share. The Hartford’s net income in the third quarter of 2007 was $851 million, or $2.68 per diluted share.
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