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Wall Street Roundup: Private equity's foreclosure gains. Harvard Club rejects Eliot Spitzer.

October 21, 2010 |  8:23 am

Fewer jobless claims. The number of people filing for unemployment claims last week fell more than expected from the previous week.

Goldman and Buffett. Goldman Sachs wants to pay Warren Buffett back the $5 billion he lent the firm during the financial crisis, and may have to incur some big fees to do so.

Goldman and KKR. After being barred by the financial reform bill, Goldman's fabulously successful proprietary trading desk will be decamping for Kohlberg Kravis Roberts.

Private equity's foreclosure gains. Some private equity firms have inked deals with law firms that allow them to benefit from real estate foreclosures.

Harvard rejects Spitzer. The Harvard Club in New York City rejected the application of a former student at the university's law school, Eliot Spitzer, due to his checkered personal past.

Looking for new slippers? The U.S. Marshals Service is auctioning off another trove of Bernard Madoff's belongings, including his old monogrammed slippers.

-- Nathaniel Popper in New York