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Actually, the lack of CP issuance says more about the level of fear of
more corporate surprises. Remember that with CP, the bank that
underwrites it has the default risk. These days, who is going to take
that risk?
For the historical perspective that the collapse of Penn Central in the
early 70s (IMS) nearly brought down Goldman Sachs.
Regards
DanG
"M. Simms" wrote:
>
> Wow - Commercial Paper activity......lowest in more than a decade.
> That kind of says it all as far as overall business activity.
>
> > -----Original Message-----
> > From: Terry B. Rhodes [mailto:trhodes3@xxxxxxxxx]
> > Sent: Monday, September 09, 2002 11:40 AM
> > To: realtraders@xxxxxxxxxxxxxxx
> > Subject: Re: [RT] Money supply charts
> >
> >
> >
> > > We haven't seen an update of your money supply chart on
> > realtraders in awhile. Could you publish an updated chart? Thanks.
> > >
> >
> > You can view money supply charts here
> >
> > http://www.martincapital.com/charts.htm
> >
> > regards,
> >
> > tbr
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
> >
>
>
> To unsubscribe from this group, send an email to:
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>
>
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