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You don't wait for the hurricane to arrive before boarding up the windows, says BofA's Mike...
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Tuesday, June 19, 2012, 7:57 AM ETYou don't wait for the hurricane to arrive before boarding up the windows, says BofA's Mike Hanson, already seeing evidence of corporate spending caution ahead of the so-called 2013 fiscal cliff. Defense contractors are most fearful as that part of the budget would be an easy target for massive cuts.
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And then we'll be massive targets.
"We have met the enemy, and we owe him a lot of money."
--Pogo Einstein