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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The FED is forcing the banks to gird their loins for a real hit. They do not trust the banks to be that responsible.. The banks think that the FED will be there to catch them no matter what. The FED knows that it has limits as to how much catching they can do.
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"Some Observer"
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