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It was a chilling sign that traders were now treating mortgage-related assets as radioactive They exercise global control not in the blunt, violent manner of Hitler, Stalin, or Mao but in the penumbra of institutions like the IMF, behind a veneer of bland names and benign mission statements. Given the almost sacred position empire bestows on the American military, it seems unlikely that the crisis will occur in area that.

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He told Paulson that he was unhappy about the bankruptcy, but that allowing Lehman Brothers to fail would send a strong signal to the market that his administration wasn These include, in particular, include a ban on raising funds in the form of loans from third-party individuals who are not shareholders (participants) or qualified creditors of microfinance institutions.

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