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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (32983)5/15/2000 1:47:00 PM
From: Ilaine  Read Replies (1) of 42523
 
Maybe so, but the S&L's were federally guaranteed, and so were the Mexican "Brady bonds." If Fannie May, etc., are not federally guaranteed, I doubt Congress would have the political will to bail them out except to avert financial disaster. The S&L bailout caused a lot of finger-pointing and some people went to jail, remember? McCain's involvement with the "Keating Five" cost him during the presidential campaign.
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