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If, as Barney Frank stated this morning, the gov't will take preferred
shares of whatever institution they buy the mortgages from, what
happens to the value of the preferreds already held in said institution
by those luckless souls that tried to ride this mess out? Any guesses?
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Short-term Fund purchasing advice...
Financial Guru: Buy-and-Hold a Thing of the Past
Another suicide due to financial crisis.
graph net worth - CD return vs S&P index return
Infant kids/ life insurance proceeds
high yields on municipal money market funds