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| Google Inc. > Recession or Recovery? |
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Many of the problems R still there, but they were there as markets
climbed higher end of last year. Just today companies that R holding auction rate bonds are disclosing their holdings and the extent of their rightdowns in value. Illiquidity in this auction rate market and the dealers stepping away as buyers of last resort has seized this market for now. Silly companies risking all of that for .25%! Well for now it's up so buy buy buy, right? | ||||||||||||||||
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