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"HK" wrote in message ... July 28, 2008 Worried Banks Sharply Reduce Business Loans By PETER S. GOODMAN NY Times .. Financial industry executives say tighter credit from major banks represents a swing back to a realistic assessment of risk, after years of handing out money with abandon. Those practices produced a mortgage crisis whose losses could reach $1 trillion, by many estimates. This is all you needed to quote. History repeats itself. Hang on folks. We'll be taking it in the shorts again, to bail them out. |
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