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SFGATE - April 22, 2009 - Lighting the darkness

There's one thing fabulously wealthy Stanford University and the cash-strapped state of California have in common: They're both selling bonds to help them through the tough times. In the next two to three weeks, Stanford will be looking to raise hundreds of millions of dollars "to ensure we have adequate liquidity and working capital, should we need it," said Randy Livingston, Stanford's CFO.

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