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That explains the "have failed to make adequate provisions" then. Nice to see regulation doing a tip-top job then.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Jul 20th, 2009 at 04:42:44 PM EST
[ Parent ]
Where do you think regulators got the idea?

The peak-to-trough part of the business cycle is an outlier. Carnot would have died laughing.
by Migeru (migeru at eurotrib dot com) on Mon Jul 20th, 2009 at 04:43:31 PM EST
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