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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (30471)12/18/2008 12:50:10 AM
From: Peter Dierks  Read Replies (2) of 71588
 
"we were not facing a total collapse of the banking system"

REALLY????

I think we WERE and apparently Paulson and Bernanke thought so too.

I am not totally convinced but my gut instinct is that you are correct. As interconnected as the global banking system is we could have brought the world banking system to its knees.
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