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Post# of 704048
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Joe Stocks

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Joe Stocks

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Re: Zeev Hed post# 246548

Tuesday, 05/18/2004 4:17:46 PM

Tuesday, May 18, 2004 4:17:46 PM

Post# of 704048
Another screw-up on his part. He lowered rates too far trying to increase artificial demand for money when the demand was just not there. We had way too much capacity and he wanted to add even more. Another bubble.

Joe

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