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To: NickSE who wrote (54502)	10/1/1998 12:22:00 PM
From: NickSE	Read Replies (2) of 58727

Fed chief lauds bailout Greenspan says failure of hedge fund could have damaged U.S. economy cnnfn.com "Had the failure of LTCM triggered the seizing up of markets, substantial damage could have been inflicted on many market participants, including some not directly involved with the firm, and could have potentially impaired the economies of many nations, including our own," Greenspan said.

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