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CorpKid

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CorpKid

Re: Toxic Avenger post# 34695

Sunday, 06/07/2009 3:34:06 PM

Sunday, June 07, 2009 3:34:06 PM

Post# of 86722
95% of the shipping industry operates off of letters of credit which all but stopped worldwide as the Baltic Dry Index (spot rates for shipping iron ore, steel, coal, etc) dropped off a cliff.

http://investmenttools.com/futures/bdi_baltic_dry_index.htm#bdi
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