Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (51571)	10/29/2007 9:45:25 AM
From: John Vosilla	Read Replies (2) of 78419

'could Merrill Lynch go belly-up, what an interesting idea eh, that would shake things up in a way no Enron ever could' It is all about net interest spreads of our large financial institutions that the fed is most worried about. You can't have an inverted yield curve for a long period of time and the huge losses from the housing armageddon without a serious shakeout.. They certainly don't want a Countrywide, Washington Mutual or Merrill Lynch going under. The great JP Morgan of Panic of 1907 fame even today has more influence in policy than Ken Lay ever did when he was alive<g>..

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