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Strategies & Market Trends : Waiting for the big Kahuna
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To: Mike McFarland who wrote (14245)2/21/1998 5:05:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
That's all corporate America is doing, they're leveraged to the hilt. And the Ford Explorers and boats are leased or bought on payment - you don't think they'd pay cash for a car when that money could be in their mutual fund? -ggg- The banks who are begging the feds for lower interest rates are also begging the feds for changes in the bankruptcy law- if you buy everything on plastic, buy an expensive car with minimum down payment, buy an expensive house with maximum leverage and down payment borrowed from the credit card, and then lose your job, you can file for bankruptcy and KEEP ALL OF IT. Legally. Without going to jail. No risk. It's so easy to do.
You sound kinda unamerican to me. whazzamatta with you boy? Think plastic.
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