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Well, considering my failed purchases are gone, either there is a way to delete them or they expire.
Speaking of "my library" there are two UI for accessing it. If you just click on the "My BN" button on the top there're two options where you can go from there -- the small link "Visit your e-books library" in the left vertical pane or the huge horizontal "my library" section.
As far as I remember I was able to delete the failed purchases from within the "e-books library" (the link on the left).
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