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News Bits 7-07-09

Here is a quick summary of some of the news of the day for July 7, 2009. Anaheim mayor will lead fight for high-speed rail line (OCRegister) Public guardian fires back against mismanagement claims (OCRegister) California’s borrowing costs may rise after Fitch downgrades state bonds (SacBee) Bass frustrated, leaders researching Prop. 98 implications (SacBee)   And on the…