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Fury over ABC plan to delay ‘live’ dawn service broadcast

The ABC has outraged Diggers after threatening to block Anzac Day broadcasts unless all channels agree to delay “live†coverage of the Gallipoli Dawn Service by 30 minutes. With echoes of the Sunrise Kokoda debacle, where the Channel 7 program tried to delay a Dawn Service to fit in with its schedule, the taxpayer-funded national broadcaster has started a war with rival networks over its “ownership†of Anzac Day. It has a deal with the Department of Veterans Affairs, which manages Anzac Day shttp://report.mediaspy.org/index.php/blog/...

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No Iraq war in Pennsylvania primary ads

I’ve seen and heard lots of political advertisements by Hillary Clinton and Barack Obama here in Pennsylvania, and I’ve yet to hear one that says anything about the Iraq war. Today’s Pennsylvania primary day, and not a peep on Iraq. This is a good development. It suggests that, when the general election campaign comes along, Clinton or Obama will take a more supportive approach to Iraq. Focus on economy. Clinton and Obama’s prepared ads talk about rising oil prices, the faltering economy,http://frankwarner.typepad.com/free_frank_...

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Moody’s Harpoons AAA-rated Subprime RMBS; 1,923 Classes Downgraded in Just Two Days

Cue more write-downs, as if there weren’t enough to begin with. Moody’s Investors Service has decided that it’s finally time to downgrade investment grade subprime RMBS â€" you know, the Aaa-rated stuff? Between Monday and Tuesday, calculations by Housing Wire show that the rating agency has slashed ratings on 1,923 tranches from 232 seperate subprime RMBS deals from 2005-2007 vintages. That total includes hundreds of formerly Aaa-rated securities, as Moody’s embarked on its largest investmenthttp://www.housingwire.com/2008/04/22/mood...

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