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To: Petronski
The Fed made a loan.

There will be more light on this subject upcoming, but J. P. Morgan does not have to repay that loan if assets are less than that. That is not a loan as the real world knows it.

61 posted on 03/29/2008 4:10:52 PM PDT by bjs1779
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To: bjs1779
That is not a loan as the real world knows it.

Of course it is.

62 posted on 03/29/2008 4:11:29 PM PDT by Petronski (Nice job, Hillary. Now go home and get your shine box.)
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To: bjs1779
but J. P. Morgan does not have to repay that loan if assets are less than that.

They didn't loan money to JP Morgan.

64 posted on 03/29/2008 4:12:28 PM PDT by Toddsterpatriot (NAFTA opponents are an odd coalition of the no-deodorant Left and the toothless-and-tinfoil right.)
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