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Old 03-17-2008, 07:33 AM
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Re: Since when the U.S. Fed Cut Discount Rate 7:00pm EST Sunday Evening ?

haha... nice one T. I know a guy in Bear Stearns... bought a house at the top of the bubble, now being bought by JP Morgan and possibility of losing his job. Dumb?

Found out about this news this morning Tokyo time. Was quite surprised.... so basically they had no money of their own but only its hedge fund clients? WTF???? Article here.

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