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To: ild who wrote (129418)10/15/2001 3:43:44 PM
From: stomper  Read Replies (1) | Respond to of 436258
 
MBNA debtors are generally considered much higher credit quality than PVN or COF. But they hedge to kingdom come through low rate borrowing, so if those rates tick up AND defaults accelerate, they are deadmeat.

-dave