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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (17042)1/31/2009 3:24:53 PM
From: ggersh  Read Replies (1) of 71454
 
"The fact that 2 Trillion Lehman stuff resulted in payment
of 5 billion is encouraging, the fact that it collapsed the
markets is not."

JPM has somewhere in the neighborhood of $98 Tril, BOA second with $39 tril. and so on and so on, so if Lehman was the guinea pig in all this maybe the picture is worse than you think. I for one don't have a clue as to how badly priced and what the losses are. But let them FAIL, it would be much easier to live with the consequences then.
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