hojo0710

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    • Thu Jul 24th 11:17 AM
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      Commented on:
      Bust, Bail, Repeat: The U.S. Enters into an Ever-Worsening Cycle
      The actions being taken in Washington appear more and more panic-stricken, restrained only by the need to protect the interests of those who got us into this mess.
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    • Fri May 23rd 11:15 AM
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      Commented on:
      Municipal Meltdown and Counterparty Conniptions
      The article puts forth some pretty specific predictions, which, it seems to me, are based on a sound reading of current economic conditions. Ultimately they will be judged on their accuracy, naysayers notwithstanding.
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    • Thu Mar 20th 13:42 PM
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      Big Banks: Too Big To Fail, Too Big To Bail
      I would like to buy insurance that, if I went to Las Vegas, would cover my losses and allow me to keep my gains. Isn't that what Wall Street expects, and the Fed has granted, in the current financial mess? If Bear Stearns was a weak sister, it was also a pariah, and its loss is JP Morgan's bonanza. But what else is lurking behind the veil, and who else is scurrying to patch the levee, probably in vain, before the deluge? We shall see.
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