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Politics : Welcome to Slider's Dugout

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From: Nihontochicken	11/29/2007 3:18:58 PM
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E*trade sells its $3B CDO portfolio for $800M (27 cents on the dollar) and borrows another $1.7B at 12.5% and 20% stock dilution to stay afloat: tinyurl.com Ouchy. Sooooooo, the big question still is, will this be a deflationary economic meltdown, or an inflationary Fed helicopter cavalry charge to the rescue, with the smell of fiat napalm in the morning??? NC :o/

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