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Market fundamentalists have denied until banks actually crashed that there was any risk of banks crashing (remember: markets allocate risk better!), so it was not necessary to plan for that, the market would take care of it.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Oct 1st, 2008 at 11:18:01 AM EST
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