Saturday, March 08, 2008

Welcoming your "George Bush/Iraq War/Republican Policies" recession with open arms

Don't fight it:
Wall Street banks are facing a "systemic margin call" that may deplete banks of $325 billion of capital due to deteriorating subprime U.S. mortgages, JPMorgan Chase & Co said in a report late on Friday.
And please don't try to deny it. Have a nice day!

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