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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Broken_Clock who wrote (207685)6/21/2009 12:30:00 PM
From: James HuttonRead Replies (1) of 306849
 
"Barclays Capital, Credit Suisse and Deutsche Bank are among the European firms expected to register bumper profits, along with US banks JP Morgan and Morgan Stanley following the near collapse and government rescue of major trading houses including Citigroup, Merrill Lynch, UBS and Royal Bank of Scotland."

So if Goldman and these other banks are registering bumper profits, who's on the losing side of all these trades? Wait, let me guess . . . the same party that paid for the $400 toilet seats way back when.
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