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To: madison10
There are still many of problems out there

For sure, but the panic was the problem. It could come back, but for now.....it's gone.

10 posted on 09/04/2009 7:08:35 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
For sure, but the panic was the problem. It could come back, but for now.....it's gone.

For the moment.

The problems; too much debt and too many zombie banks (TBTF) has actually gotten worse since last September.

And the panic is a symptom of the disease not the disease itself.

I like your tagline; being a math guy myself so I ask you this what is the real networth of Citigroup? My contention is no one really knows but it is probably less than zero

11 posted on 09/04/2009 7:11:06 PM PDT by NeoCaveman (has created or saved 150,000 posts, sure.)
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To: Toddsterpatriot

Tha manufactured panic to help get Obama elected? Short hedge funds plus a big player like China or the Saudis who moved $500 billion that freaked Bush out.

I think people need to be very wary. This fall is not looking good at all.


12 posted on 09/04/2009 7:12:30 PM PDT by Frantzie (Lou Dobbs & Glenn Beck- American Heroes! Bill O'Reilly = Liar)
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