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Subject:  Re: liquidity crisis Date:  8/31/2007  8:30 AM
Author:  Lokicious Number:  21449 of 36388

Hi Rusty, you're preaching to the choir!!

Not convinced. I'm convinced the big players and the big banks have been creaming up money in the lending racket with bad loans and derivatives of bad loans, but I am unconvinced this will really have a devastating affect on ordinary people. When Pen Fed offers me 8% on a CD, that means there is a liquidity crisis.
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