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To: M. Frank Greiffenstein who wrote (122)10/10/1998 12:31:00 PM
From: EyeDrMike  Read Replies (1) | Respond to of 283
 
US Banks have their own problems . Just pick a bank at random, local, regional, national, and check the delinquencies at 30, 60 and 90 days. I think you'd be startled, i was when researching a recent bank IPO.

The increasing delinquencies coupled with the record bankruptcies in the face of a booming economy is nothing less than a major sign that a huge correction is coming as well as a recession, Greenie may drag it out by dropping rates in the next 12 months, but he can only stall what is just around the corner.