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The lessons of these four histories are fairly clear and consistent, however, so that we can say something about the similarities and differences between the European and US trajectories. Like Paulson, Steel came from a modest background, growing up near the campus of Duke University. For one thing, it didn
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They still had to work out the details, but they had come to an agreement in principle that would resolve the dispute. Nearly two dozen Treasury staffers had assembled there Wednesday morning, sitting on windowsills, on the arms of sofas, or on the edge of Paulson.