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As goes Google, so goes the rest of the universe -- or at least that's the fear this week after the start up-turned-giant-turned-common verb reported disappointing earnings that sent the Silicon Valley stock over a digital cliff after-hours Thursday. [ATTACH=right]15859[/ATTACH]The company pulled in 1.84 billion dollars for the quarter or $5.71 per share, less than analysts' average projection of $6.52 per share. Taking the blame for the disappointing figures are Europe's lackluster economic situation -- Google does a significant chunk of its business in the Euro zone -- and a recent ramp-up in hiring that bumped up total expenses. But …

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It's kind of a quiet Monday morning on Wall Street, with Treasury Secretary Henry Paulsen's proposal to further regulate and consolidate the U.S.'s financial markets (by bringing heavier Federal Reserve oversight over bank lending, hedge fund risk assessment, stricter controls over the stocks market and currencies market - even tighter scrutiny over your local mortgage broker.) Don't get too excited - it will take months for Congress to act on these proposals, if it acts act all. Rep. presidential candidate John McCain issued a statement saying he didn't think that action wouldn't be taken until after the November elections. The …

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The End.