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Subject:  Re: BOE Bails out lender Date:  9/14/2007  10:04 PM
Author:  theHedgehog Number:  21636 of 36786

This is a nice example of how the liquidity crisis does have tenticles. A bank which is not overexposed is having trouble meeting cash flow because of lack of money available to borrow in capital markets.

I believe there was a run on the bank over there today. Surely they have something equivalent to our FDIC?

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