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Et Cetera...


In Business This Week

ET CETERA...

-- Five big airlines cut commissions to travel agents. One big agency sued.

-- ITT keeps dumping assets. The latest financial units went to GE Capital for $350 million.

-- Piper Jaffray will pay $70 million to investors in a derivative-laden bond fund.

-- Saatchi's saga persists: The agency can't stop founder Maurice from starting a rival.EDITED BY KEITH H. HAMMONDS


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