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Archive for March 14th, 2008

So, it’s been a week.  Let’s take stock (no pun in ten did).  Or better yet, let’s not.
Earlier this week, economist and New York Times op-ed contributor Paul Krugman said, “In a worst-case scenario, the Federal Reserve would find itself owning around $200 billion worth of mortgage-backed securities.”
Then, what happens?  You guessed it - the [...]

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