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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: SBerglowe who wrote (31055)5/4/2000 9:57:00 AM
From: MythMan  Respond to of 42523
 
He used to babble that derivatives were good.



To: SBerglowe who wrote (31055)5/4/2000 10:01:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
there IS a problem. credit spreads are widening, and that may partly be responsible for the incredible reserve adds in recent days (40 billion dollars in two days...unprecedented!).

he also said "no bail-outs" and "no too big to fail". sounded like a clear warning to me. sort of like 'there's a storm brewing and don't expect us to save everybody...better take precautions'.


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