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SECURITIES

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<i> Times Staff and Wire Reports</i>

Fired Trader Sues Kidder Peabody: A former Kidder Peabody bond trader fired for allegedly faking $350 million in profits filed a $50-million libel lawsuit against the firm and its former owner. Joseph Jett, 37, accused Kidder and General Electric Co. of a “continuing campaign and conspiracy” of libel and slander.

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