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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack	8/25/2005 7:29:11 PM
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S&L Crisis, 1998 Bond Market Blow Up Deja Vu ? NEW YORK, Aug 25 (Reuters) - The Federal Home Loan Bank of Pittsburgh said on Thursday it will restate over four years of financial results, mainly due to derivatives accounting errors, reducing earnings by an expected $21 million. Half of the 12 FHLB regional member banks are now restating earnings for similar reasons. <...Fannie Mae & now "HALF" of the Federal Home Loan Banks - restating earnings.... HALF !...> today.reuters.com Will all the Kings Horses and all the Kings men, ever be able to put Humptey Dumpty back together again ? today.reuters.com GET SHORTY ~

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