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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: DebtBomb who wrote (96989)12/15/2007 2:05:22 PM
From: marcherRead Replies (1) of 306849
 
Dale, just trying to catch up on some of your recent posts and came across this gem:

But the collapse of the US commercial paper market has now continued for seventeen weeks, suggesting a "fundamental deleveraging of the banking system."

--Dick Berner, known at Morgan Stanley as the "resident bull"

Who is he warning?
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