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

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To: Mike Johnston who wrote (83204)6/29/2007 10:53:28 AM
From: John Vosilla  Read Replies (1) of 110194
 
'The whole thing blew up at the wrong time for them, 5 years too early.'

Paulson and Co protecting the financiers on Wall Street and liquidity for the overall market. I don't think they come to the rescue of Enron just like they won't bail out a large homebuilder going under.

However it is ironic even with Sarbanes Oxley the fraud and corruption has gone to new highs.. Must have a lot to do with the deflationary fears of 2002-03 encouraging high risk taking to bail us out as well as complete Republican control and lack of oversight or checks and balances everywhere in the real economy for most of this decade..
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