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To: blankmind who wrote (19056)4/7/2004 7:49:58 AM
From: Madharry  Respond to of 78485
 
Yep thats how it ended but not how it started-too many real estate loans and it got caught in collapsing real estate prices in nyc. do you know what the portfolio mix is of these conservative banks? My point is that as long as things remain the same banks do fine but if there is any economic turbulence banks will fair poorly