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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: maxncompany who wrote (57579)	3/16/2008 10:09:48 PM
From: Rocket Red	Read Replies (1) \| Respond to of 78424

It's a snowball and it keeps getting bigger Bear Stearns's bailout may prompt speculation about other firms being in trouble, said Peggy Furusaka, credit specialist on the trading desk at BNP Paribas SA in Tokyo. JPMorgan Chase & Co. agreed to buy Bear Stearns in a deal that values Wall Street's fifth-largest securities firm at $2 a share, compared with $30 at the close in New York trading March 14. ``It's a snowball and it keeps getting bigger,'' Furusaka said. Japan's iTraxx index may rise to as high as 300 basis points ``in the next few weeks.'' Credit-default swaps