It is worse than that, I would say.

in year 2000,

1. Fed didn't step in;
2. No bank went bankrupt.

in year 2008, Messy Wall Street results in 股灾+房灾 big time ever.

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Agree, it could be worse than 2000. -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 09/17/2008 postreply 09:17:29

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