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To: Freedom Fighter who wrote (214510)1/16/2003 11:04:35 AM
From: ild  Read Replies (1) | Respond to of 436258
 
<<<tendency to spin these credit numbers in the light that is favorable to you own investment view. >>>
Wayne, you are right. There is such a tendency.
My view on COF is that it's a Ponzi scheme like all subprime lenders. All subprime lenders need to grow fast. When the growth stops they are toast. Like ACF today. Unfortunately I wasn't short ACF today.