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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: XBrit who wrote (27494)10/12/2000 6:10:45 PM
From: RocketMan  Read Replies (2) of 436258
 
I can easily imagine that a money market fund invested in mortgage-backed or credit-card-backed paper could fall below $1 because of defaults in the underlying loans.

Man, this thread's getting so bearish, it might indicate a bottom after all. Don't you think Easy Al would trip over himself infusing bucks into the economy if we came anywhere close to this scenario? What a tradeable rally that would be!
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