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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: nextrade! who wrote (126013)5/29/2008 9:07:03 PM
From: Giordano BrunoRead Replies (1) of 306849
 
Kohn said such actions were aimed at addressing a grave and largely unforeseen event.

"The scope and duration of disruptions to market liquidity that we have experienced since last summer have greatly exceeded what market participants, prudential supervisors, and central banks thought likely or even possible," he said.

reuters.com
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