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Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever??

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To: Cynic 2005 who started this subject3/13/2001 11:42:14 AM
From: smallcapmaven   of 309
 
The banks are damned...The drop in the equity markets is not complete because of the slow FED response in cutting rates...The over tightening in liquidity has caused what I think will be a huge rash of new bankruptcy applications...The Republicans are looking to change the bankruptcy laws so just like lowering interest rates promotes knee jerk loan applications, this law will cause a rash of failings that will destroy our once proud banking sector...I also see dow 6500 as a done deal...
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