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COMMENTS: Only One Hundred & Twenty Million!
CBS and NBC both filed seasonal updates for the Yuletide that were altogether lacking in financial cheer. CNBC's Melissa Lee listed the holiday belt tightening for NBC: no municipal holiday lights decorate the streets of auto-dependent Bay City Mich; fewer corporations throw office parties; Santa Claus is landing fewer gigs; and front door wreaths are downsizing--onetime 20-inch households now settle for sixteen. CBS' Kelly Wallace went to New Jersey to check out the traffic in the Paramus Mall. "Desperate retailers" is what she found. Compared with last year, 6m fewer shoppers were spending on the final weekend before Christmas--a mere 120m of us.
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