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To: Chip McVickar who wrote (617)12/22/2000 2:46:56 PM
From: michel ciambra  Read Replies (1) | Respond to of 12411
 
the kind of mmoney they need is huge. It is entirely possible that the lenders will only agree to lend if the spread they earn is widened by a simultabeous rate ease. The Fed can then stop any more of these scenarios from playing out. IMO, you can kill several birds with one stone this way.