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Gustav less fierce than feared 1:18 Report

Gustav, a dangerous Category 4 hurricane a few days ago, hit shore on the Gulf Coast as a Category 2 storm and was later downgraded to a minimal hurricane as it barreled through southern Louisiana.

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Pay czar caps more salaries at bailed out firms

WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.

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