Benzinga's Political Round Up, August 23, 2011

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Crude oil prices rose on
reports
out of Germany and China on better than expected data. St. Louis Fed President James Bullard said the Federal Reserve
"would definitely take action,"
if U.S. deflation became a risk again. Japan PM Naoto Kan is likely to announce his
resignation
on Friday. A judge has given the okay for investors to intervene in Bank of America's
BAC
proposed $8.5 billion
settlement.
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