Posted by admin | February - 20 - 2012 | Comments Off on Martini

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In the course of putting out the fire from the last panic, the Fed has supplied kindling for an even greater conflagration. This is known as thehead count measure of poverty.

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income and value came from a pool of residential mortgages were being amalgamated, sliced up, and reconfigured again, and soon became the underpinnings of new investment products marketed as collateralized debt obligations (CDOs). We are convinced that Lehman has to go into bankruptcy, but what we are prepared to do is keep the Fed window open for Lehman so that the broker-dealer can continue operating the business.2 Two facts stand out clearly.

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These installations form a more or less secret global network many parts of which once may have had temporary strategic uses but have long since evolved into outposts permanent. Companies commonly aggregate the insurance-related income with other items in the

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