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Saturday, December 15, 2007

Instead This Policy Indulgent Simply.

We apologize for the inconvenience. Instead this policy indulgent simply delayed the day of reckoning. Ltbrgt ltbrgt fed officials want to avoid two mistakes in the past financial crises. Lending in general declined sharply with the net issuance of the bonds and notes for the third quarter less than half that of the previous quarter. Fed officials have decided that they needed to leave the adjustment to occur in the financial markets with prices of securities backed by mortgages and other assets to fall to levels that will allow the markets. Ltbrgt ltbrgt quotthe basic problem is that banks trust each other.
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