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WireTap 0900 29/02/12

A round-up of the key stories across the specialist financial media, including news that the ECB's second, and perhaps the last, three-year LTRO is scheduled for today.

ECB offers banks second, maybe last, mega funds fix

The European Central Bank is expected to pump half a trillion euros into the eurozone's financial system for the second time in as many months on Wednesday in what may be the last such operation.

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Papademos gets backing for $4.3B of cuts

Greece’s Parliament has ratified a €3.2 billion package of spending cuts to the 2012 budget, taking Prime Minister Lucas Papademos one step closer to the country securing a rescue package to avert financial collapse.

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Dimon dismisses regulatory threat

JPMorgan Chase executives have told investors the bank will prosper even after the implementation of new regulations as they maintained profit targets and dismissed talk of a threat to Wall Street’s business model.

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Indian economic growth slips to 6.1%

India’s weakening economy grew 6.1 percent in the quarter to the end of December, the slowest in three years, deepening fears about the country’s growth prospects.

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Insider probe targets a top Goldman Manager

Authorities are investigating whether a top Goldman Sachs manager passed inside information about technology stocks to the firm's hedge-fund clients, people close to the situation said.

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