helplessobserver

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  • Auction-Rate Bonds Fail to Find Buyers
    And I remember Paul Wessel saying bank capital reserves at $2900 billion were adequate to extinguish the sub-prime mortgage problem. Also Ben Stein noted that sub-prime was only 5% of the mortgate market and no problem in a $14 trillion economy. So much for the experts, I hope they muzzle them in the future.
    Feb 14 12:11 pm |Rating: 0 0 |Link to Comment |View article

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