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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (5668)6/23/2009 7:01:09 PM
From: ggersh  Read Replies (2) | Respond to of 6370
 
My source works in London. He's with Mann. I don't know how big they are out there, but this guy is a treasury man. I don't know enough about what it all means, maybe just switching length of paper or more liquidity for the banks. Supposedly all the banks will be buying this stuff, and maybe they had to buy Euros and sell pounds and dollars for them. makes sense to me. BWDIK



To: RockyBalboa who wrote (5668)6/23/2009 7:43:48 PM
From: Bear Down  Read Replies (1) | Respond to of 6370
 
This came out on MGM late today

MGM Mirage today announced “there is no longer substantial doubt” about the company’s “ability to continue as a going concern,” an afternoon filing with the Securities and Exchange Commission said.


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