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maksim

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maksim

Re: kevin252 post# 15814

Sunday, 12/14/2008 11:58:37 PM

Sunday, December 14, 2008 11:58:37 PM

Post# of 160314
Not all derivatives are bad... and that is not what it owns directly, but rather either clears or holds for others.

and FYI, Bank of America, JPM, Citi will NOT be allowed to fail. End of story.

If these derivatives fail, and the firms fail... the financial system will be done and over with.
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