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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (9877)	8/24/2008 9:23:58 AM
From: Hawkmoon	Respond to of 33421

Might be a good time to recall the S&L crisis, where almost 2,500 S&Ls and other banks failed, costing around $126 Billion. en.wikipedia.org fdic.gov 747 Thrifts, with $390 Billion in assets were closed. en.wikipedia.org So what the actual cost will be is likely less than what is being declared as the actual assets at risk. But still it's not an insubstantial amount of money. Hawk