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I wonder how interested some of these institutions really are in retail saving business. Though the cost of the money itself is lower, the banks have to bear the expenses for branches and <gasp> people to run them - elements that seem to be irreconcilable with modern business plans.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt št gmail dotcom) on Sat Jan 19th, 2008 at 02:02:51 PM EST
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