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To: elmatador who wrote (33531)4/27/2008 4:54:58 PM
From: Rarebird  Respond to of 217670
 
<<New York-based Citigroup and Merrill Lynch said in January they will receive $14.5 billion and $6.6 billion from investors respectively, after getting $7.5 billion and $5.6 billion cash INFUSIONS in November and December to tide over liquidity concerns which have led to the collapse of Bear Stearns.>>

I wonder what percent of Americans realize that these "infusions" are needed because the financial institutions have so many bad loans on their books that if brought to account, they would exhaust their CAPITAL.