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Silicon Valley Homeless Feel The Grip Of Recession's Long Reach

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Silicon Valley Homeless Feel The Grip Of Recession's Long Reach

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REDWOOD CITY, Calif. -- The first time Michele arrived at the Maple Street homeless shelter three years ago, she was still driving her BMW 325xi, the final remnant of her Silicon Valley affluence. Her paper wealth of more than $2 million had evaporated a decade earlier, she says, via a stock options fiasco.

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