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Jim's Quote of the Day:
"We are now experiencing the first truly major crisis of financial globalization.
Never before have banks seen such destruction of their balance sheets in such
a short
time. Moreover, there are signs that the problems are spreading.
The
risk premiums on commercial property, consumer credit and corporate loans have
risen sharply." - Swiss central bank governor Philipp Hildebrand, quoted
March
12, 2008
