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blog roll
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bank deregulation...,
2009-04-04 10:59:00
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Probably anybody unable to ide...,
2009-04-07 09:15:43
Having found a few people who seem pretty smart that also support the Geithner put, I find that
- They universally find it impossible to discuss the housing bubble.
- They seem to support the Geithner put because they think it will fail. That is, 80 cents on the dollar for nearly worthless paper will not be a big enough handout to make the banks sell, and if they did it wouldn't be sufficient to prop up their balance sheets.
I am very surprised that I still think them pretty smart, now that I think of it. I'm not sure what I must be thinking.
:: posted by buermann @ 2009-04-05 11:23:47 CST |
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