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mikehc27

08/10/06 8:36 PM

#37145 RE: thehavenots #37138

Hypothecation
When a person pledges a mortgage as collateral for a loan. It also refers to the right that a banker has to liquidate goods if you fail to service a loan.

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SammyTheBull

08/10/06 8:36 PM

#37147 RE: thehavenots #37138

That statement, right there, may cause a sell off tomorrow.