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Stocks Off Highs on Trichet Comment


Dollar rallying, euro sinking, stocks off their highs as ECB President Jean-Claude Trichet gave an interview to a French TV network saying IMF aid for Greece was a "very, very bad" thing.

In a speech this morning, German Chancellor Angela Merkelsaid she would back aid to Greece, although it could only be in an "exceptional emergency" and should involve the IMF.

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