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Are banks still busy deleveraging? Can you take the exchange rate of the dollar as an indicator?
by nanne (zwaerdenmaecker@gmail.com) on Sun Dec 7th, 2008 at 08:01:41 PM EST
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but not just banks - hedge funds too. Numbers I've read suggest that hedge funds will shrink from $2.2 trillion to $1.2 trillion over the year, from the combination of losses and withdrawals. And most of that lead to moves towards dollars.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Dec 8th, 2008 at 06:02:53 AM EST
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