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whidbey is a
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Closing Update for Thursday, Sept. 3: Market Modesty [View article]
Nice summary and useful to those interested in both indexes and the principals.
I am always surprised that the GSEs are still being hauled around as possible reorganizations. How can this work? The suggestion points out that larceny lurks in the heart of Wall Street.
There is no fix for these flat tire GSEs and we need to stop flogging the zombies to the market. No one can afford the GSE and if someone does swallow them, we have a new zombie.