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To: Giordano Bruno who wrote (391833)8/5/2009 11:08:51 AM
From: MythMan  Read Replies (1) | Respond to of 436258
 
>>while protecting their balance sheet.<<

Do we even know what that (balance sheet) looks like?



To: Giordano Bruno who wrote (391833)8/5/2009 11:09:35 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
No, that is not correct. The Fed has done the same enabling,
and that was only to provide liquidity to da boyz when things
are about to blow up. That, and wiping the windshield, of course.
By doing so they enabled derivative Ponzi scheme reach epic
proportions. Right now they are the losing counterparty, which
is, perhaps, even more major printing than actual printing.
They just could not invent anything better than to adopt that
position.


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