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Ball point pen on today's newsprint

The respected economist has been tapped to form a new government in Italy, but credentials aside, he's going to have a hard time. The country has a little over four months to repay or refinance over 200 billion euros in maturing bonds. While interest rates on those bonds have climbed to 7.4 percent, we know Jon Corzine won't be a buyer at that or any price.

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