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| User Info | Merrill consolidated their ABCP vehicles onto the bal sheet; entered at 2007-12-02 09:56:14 | |||
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Patmcgroin Posts: 7727 Registered: 2007-09-12 Chicago 
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You'll see (have seen?) the traders capitulate to this stuff much more quickly that a "bank". From a management perspective "traders" are used to taking losses, it's a cost of doing business. Banks... Not so much.
2007-12-02 09:56:14
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