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  • Wall Street Breakfast: Must-Know News [View article]
    If Congress does not act Big Ben can always blame them for the ultimate meltdown in the I bank structure. This is just gamesmanship. Any "standards" would have to be phased in very slowly and thus have no effect on the current situation. The I banks have so much bad debt they will melt with or without FRB oversight.
    Jul 11 09:30 am |Rating: 0 0 |Link to Comment
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