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To: marcos who wrote (51571)10/29/2007 9:45:25 AM
From: John Vosilla  Read Replies (2) | Respond to of 78419
 
'could Merrill Lynch go belly-up, what an interesting idea eh, that would shake things up in a way no Enron ever could'

It is all about net interest spreads of our large financial institutions that the fed is most worried about. You can't have an inverted yield curve for a long period of time and the huge losses from the housing armageddon without a serious shakeout.. They certainly don't want a Countrywide, Washington Mutual or Merrill Lynch going under. The great JP Morgan of Panic of 1907 fame even today has more influence in policy than Ken Lay ever did when he was alive<g>..



To: marcos who wrote (51571)10/29/2007 10:55:02 AM
From: Julian Augustus  Read Replies (1) | Respond to of 78419
 
ktn.v - ever take a look at Kootenay? ... damn thing gapped up friday, sure hope Anonymous comes back and fills some 1.06s, first little bid there is my wife's

I finally caved in and chased. I've been hiding in the weeds at 0.86 for the longest time, waiting in vain for the possible October correction. Much as I would love to buy it cheap, I don't want to be left standing at the station gazing wistfully at the train as it accelerates out. So I bought some at $1.15 this morning and I have other bids below that just in case.