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Who knows, they could be yours too! Everyone’s situation is different and no one’s is simple. Unless you inherited lots of money or grew up with rich parents who funded your first car, degree, and house, then probably you’ve also had to go majorly into debt just to try to get ahead.
There isn’t going to [...]
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(1) U.S. Treasury sells $40 Billion worth of debt to the Fed.
(2) Wachovia might be buying Morgan Stanley (that leaves only JP Morgan left standing of the 5 Big investment banks, though its shares also plummeted today).
(3) Washington Mutual (the biggest savings and loan bank in the US) puts itself up for auction.
In other news, [...]
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