American Presidential Politics and foreign affairs Message Board

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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (37133)	9/21/2009 3:12:09 AM
From: RMF	Read Replies (1) of 71588

We have NEVER had a downturn as severe as this one. Back in the 1930's the banks went bust, but only to the tune of what they had on their books. THIS time they were in HOCK for TRILLIONS in derivatives. They were not only wiped out, they were ERASED.

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