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To: patron_anejo_por_favor who wrote (30259)10/21/2000 12:24:37 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<The bill would allow a company in bankruptcy and its creditors to net out their losses from derivatives contracts, rather than have the contracts tied up in bankruptcy proceedings. >

Ho ho... as I've stated several times these banks have netting agreements, but I didn't know that they might not actually be legal! Greenjeans clearly worried.... and it's pretty funny too, like these guys understand what they're talking about. "Just sign here 'please' Mr. Thurmond?"

DAK