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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (108813)8/19/2007 5:45:14 PM
From: Giordano Bruno  Read Replies (1) of 132070
 
Hi Mike, the IRS has yet to rule on ETN's with 2.7 billion already in circulation. Merrill will be rolling some out soon as they are just as partial to money as Barclays. -g-

My question is, what happens if the notes out grow the institutions?

ipathetn.com
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