Obama himself says it will likely be "on the high end of our estimates, " though not as high as some predictions, due to the size of the deficit.

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But banks do have strong brands and plenty of capital: they may end up buying some of the online brokers, though not at their current high share-prices and low profitability.

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This gives me a pretty high level of confidence in some of the impressions I have even though I have not gone back and counted.

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In a recent debate in the House of Lords, he argued for a benchmark, though perhaps not one as high as the biblical tithe, to give the wealthy some idea of what was appropriate.

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