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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (43398)10/13/2005 1:35:17 PM
From: Wyätt Gwyön  Read Replies (4) of 110194
 
efco (RFX) has just gone bye-bye. It's customers will not be able to get their money back for 15 days (yeah right) because the company does not have sufficient liquidity. I am trying to sort through what this all means, but Bloomie shows $66 billion of liabilities for RFX, and if I were the creditor right now I'd be looking for a big diaper.


what does that mean for people with futures accts at Lind-Waldock? ouch!
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