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No. of Recommendations: 2
Credit loosens on expected rate cut

http://money.cnn.com/2008/12/15/markets/bond_market.ap/index...

The cost of three-month dollar loans between banks fell further Monday ahead of an expected interest rate cut from the U.S. Federal Reserve.

The interbank lending rate on three-month loans in dollars - known as the London Interbank Offered Rate, or Libor - fell 0.05 percentage points to just over 1.87%, according to the British Bankers' Association.
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In a related story, the coming cap-and-trade scheme is expected to plunge the US into a depression, no matter what the Fed does.

--fleg
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No. of Recommendations: 0
In a related story, the coming cap-and-trade scheme is expected to plunge the US into a depression, no matter what the Fed does.

--fleg
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Well Obama's speaking right now about how nothing is more important than our energy needs, except global warming, which is causing famine, drought, and the erosion of our coastlines. We're in big trouble, and not from global warming, oh wait i said that already. Well you get the idea.

2828
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