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rebelgirl

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rebelgirl

Re: berge post# 67724

Thursday, 01/17/2008 11:04:33 PM

Thursday, January 17, 2008 11:04:33 PM

Post# of 71722
Cutting rates is necessary now as several big bond insurers are on review for possible downgrades in ratings, a 50 basis cut now and another one in a few months can make a huge difference between financial collapse and tremendous continuance of writedowns or a transition back towards stability/recovery.

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