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  • Preview from Europe: All Fools' Day [View article]
    As usual a great, succinct and witty summary. You state that suspending mark-to-market would allow bankers to "...... run their firms with little or no capital and leverage them to the hilt creating the biggest credit bubble the world has ever known ....".

    I was under the impression that this has already come to pass.
    Apr 01 07:43 am |Rating: +2 -1 |Link to Comment
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