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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Slagle who wrote (63482)5/5/2005 2:15:49 PM
From: shades  Read Replies (2) of 74559
 
Phil says BAC has set aside a lot of money for the coming mortgage defaults and that was why they pushed so hard for credit card laws - to help pay for mortgage defaults - but aren't the mortage dummies and credit card dummies one in the same? He says even greenspan is scamming the markets now - that is a serious claim.
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