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He Bet His Savings And Lost the Gamble

Crime writer George Pelecanos is nearly 50 years old but only recently bought his first new car, paying cash for a Mustang GT. Why would a successful author (he's published 14 novels, all set in the Washington area) and television writer and producer (he's been nominated for an Emmy for his work on the HBO hit series "The Wire," set in Baltimore) wait so long to buy what he easily could have afforded years ago?...
 
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