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1 posted on 03/16/2008 9:03:58 PM PDT by Ernest_at_the_Beach
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Related thread:

Fed Takes New Steps to Ease Crisis [Discount Rate Cut 1/4 Point]

2 posted on 03/16/2008 9:07:10 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach

moral hazard?


3 posted on 03/16/2008 9:07:15 PM PDT by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: Ernest_at_the_Beach
He said that in the risk to financial stability outweighed his concern about moral hazard.

This is a big statement. I don't know if I'm being overly dramatic, and I guess time may give a clue, but I think this is the sentence that caused the avalanche.

6 posted on 03/16/2008 9:15:02 PM PDT by the invisib1e hand (A moderate Muslim is one who acts like a Christian.)
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To: Ernest_at_the_Beach
The financial system, he said, was "more fragile than we would like right now."

THIS is talking the economy UP??? Vote of CONFIDENCE???

Where'd they get these dunces from anyways???

Sheesh.

10 posted on 03/16/2008 9:18:14 PM PDT by HeartlandOfAmerica (Don't blame me - I voted for Fred and am STILL a FredHead!)
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To: Ernest_at_the_Beach
Bearns was heavily financially linked to the Carlye group
19 posted on 03/16/2008 9:33:23 PM PDT by ncalburt
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To: Ernest_at_the_Beach

Yeah, but Bear Stears did get effectively liquidated today...


22 posted on 03/16/2008 10:10:31 PM PDT by HarryCaul
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To: Ernest_at_the_Beach

2 dollars a share??? liquidation? what is the difference?


26 posted on 03/17/2008 12:52:30 AM PDT by Fred (Looking Forward to Impeaching the other Clinton)
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To: Ernest_at_the_Beach
He said that in the risk to financial stability outweighed his concern about moral hazard.

And this liberal approach to fiscal policy is exactly why we are in the mess we are in.. Corporations get whatever they want, and we get screwed. Can't let them collapse, heaven forbid, they might not fund our next election campaign.

31 posted on 03/17/2008 9:19:11 AM PDT by HamiltonJay
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To: Ernest_at_the_Beach

Did you see on TV, Paulson was vigorously shaking his head “no no no” side to side, while saying our financial system is sound etc.

The conflicted body language was amazing. It’s worth watching.


32 posted on 03/17/2008 9:28:49 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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