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10-21-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,598
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Brian Fallow: Aussie banks hide while we panic
Extending a Government guarantee to banks' wholesale sources of funding makes sense only if it is the lesser evil of something very evil indeed.Its defenders insist the alternative is that a key source of funding dries up, which...
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