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 I didn't mean that BS was an FDIC bank--of course its a non-depository institution, but its one of the largest and oldest of its type. This credit crunch took down a firm that survived the great depression and was one of the 5 largest in the world (and why the Fed won't let it go bankrupt). The fed regulation (such as FDIC, margins, and the like) keep 'normal' banks from collapsing due to liquidity problems from credit shortages. But these shortages are real. I didn't mean to mislead and infer that '29 and run on banks are around the corner. They are not. But or IRA profolio is another matter. Not sure how many homes Chase will have for long--notes on homes sure, but financial institutions make bad landlords/sellers. And they know it. Expect to see Chase cast off as much of the property as possible and look for revenue from the millions of transactions the BS runs for third parties. That's the reason the Fed didn't want it to collapse. As for how profitable the move will...
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