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packerfanbud

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packerfanbud

Re: stluc post# 19299

Thursday, 05/26/2011 4:12:22 PM

Thursday, May 26, 2011 4:12:22 PM

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ok, then explain how so many people can buy a house with no money down and no money in the bank? Outside of all the corruption in the process is the assumption that the bank can simply resell the assets. In this case the money would close the deal on oil assets. If BRZL defaulted on the loan the bank is now in the oil business.
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