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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Merritt who wrote (33762)	10/11/1998 5:01:00 PM
From: Knighty Tin	Respond to of 132070

Merritt, They sometimes do. However, it is sometimes like getting a 5 year warranty on a Studebaker, then having them go out of business. The Russians are not refusing to pay because they are A-holes. They are refusing to pay because they do not have the moolah. Everything may be guaranteed except the guarantor. That is why I laugh when somebody tells me his brokerage account is insured to $20 million by Aetna. And what are the chances that Aetna could pay off all those accounts if Merrill Lynch went bankrupt? They would do the same thing they did during the San Francisco earthquake, declare bankruptcy. MB