Strategies & Market Trends : The Financial Collapse of 2001 and Beyond


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To: Elroy Jetson who wrote (31027)3/16/2008 11:47:49 PM
From: rotweil of 100749
 
There are no line that won't be crossed. Things are that bad IMHO. So JPM the derivative king and the Fed biggest shareholder gets to turn junk into treasuries with no requirement to make good on the junk and then gets those newly minted treasuries on it books via Bear.
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