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« Full episode for January 6-8, 2006

Pacific Lumber's Financial Crisis (Part 1)

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Pacific Lumber has been logging redwood and Douglas fir trees in Humboldt County since the Civil War. But now, the company says it's on the verge of bankruptcy. Pacific Lumber owes its investors bond payments on January 20, and the company is warning that it might not be able to come up with the cash. Reporter: Jason Margolis

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