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Bankruptcy can not be dealt with by more borrowing.....
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rosefarm
Posted 1/27/2015 20:35 (#4343325 - in reply to #4343039)
Subject: RE: Bankruptcy can not be dealt with by more borrowing.....


EC Il
I have to wonder which banks own the derivatives sold to protect those bonds? Given the legislation that just passed Congress, we could end up with this in our laps. Domino's anyone?
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