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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Paul Chiu who wrote (20045)	10/16/2004 9:58:34 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

interesting that Wall Street billion$ in valuations depend upon corruption pervasively to remain entrenched and unexposed although Spitzer has pulled billion$ from insurance company valuations, how do you feel knowing that their businesses have fraudulent foundations ??? YOU OVERLOOKED THAT ISSUE hmmmmmmm how about that Fanny Mae is a bankrupt mortgage finance foundation ??? what are real estate values really worth ??? is OFHEO to blame if they reveal a foundation of quicksand ??? let's suppose your personal wealth depended upon an extortion scam running out of your basement your entire life and spending power relied on 40% of your income originating from the basement extortion suddenly, your game is exposed, the jig is up and your bank lending line is pulled your millionaire status is yanked, neighborhood image shattered OOOPS BLAME THE PROSECUTOR ??? you sound extraordinarily shallow this seems endemic in USA and symptomatic of incapability of our society to face its dishonesty as the Europeans say "dishonesty is institutionalized inside the USA" painful but true, unfortunately / jim