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IPFS News Link • Philosophy: Fascism

The 'Fraudacity' of American Finance

10-17-08 • Market-Ticker.denninger.net

John Mack yesterday in a CNBC interview said that the capital deployed by Treasury into the banks was going to rebuild their capital ratios - not be lent out. In other words, they intend to hoard it.

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The 'Fraudacity' of American Finance

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