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Restating the Obvious
POSTED:Tue, September 2, 2008 @ 4:51PM
Watchful waitingBlog Links» Primed to failIf all the banks that fail are miniatures, no problemo. FDIC doesn't reveal which banks are on the watch list, and if there's going to be an international financial crash, it could come from something that isn't legally a bank and isn't based in the United States. The 1929 crash was initiated by troubles in a kind of credit union that made loans to peasants in Austria. Welcome to the global economy! Again!
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Harry Eagar Business Reporter I am the business writer but will report whatever comes down the pike if it's news. Still trying to figure out how to be a Mauian, but with a continuing hankerin' for the food and music of my home state of Tennessee.
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