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To: Ron Wilkinson who wrote (5752)1/13/1998 2:30:00 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 116762
 
Ron - Seems the closer to reality we get, the worse the numbers become.

"A ministry official said the new and more realistic picture of the country's bad loans mess was offered to help deepen public awareness of the severity of the situation."

biz.yahoo.com



To: Ron Wilkinson who wrote (5752)1/13/1998 3:24:00 PM
From: Dwight Taylor  Respond to of 116762
 
Ron--<< many wealthy US business men going on margin, mortgaging
home and business to prop up the market in '29>>

This technique is taught at business school. The practice is simply to put your home equity to work at 20% return (or whatever the market is returning), take the interest deduction on your Schedule C. If you have a mortgage of 7-8% you net the difference in your pocket.