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To: pater tenebrarum who wrote (39542)6/13/2000 7:34:00 PM
From: robnhood  Read Replies (1) | Respond to of 42523
 
Heinz, I read on my newswire today that some senator or congressman was complaining that banks are legally capable of borrowing $24 and adding $1 of their own to invest in equity. He felt that this could lead to severe abuses and perhaps even more severe problems later. I believe it also said that the bankers poo pooed this saying that we use rigorous standards.