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News Summary: $12.8B nuclear bailout or utility

By The Associated Press
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NUCLEAR RESCUE: The Japanese operator of the nuclear power plant devastated in last year’s tsunami and flood has received a $12.8 billion bailout, putting it under government ownership.

MORE DANGER: The Tokyo Electric Power Co. faces massive compensation demands from those forced to evacuate and whose land and products were contaminated by radiation leaks following the crisis that began March 11.

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