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There may be two more 'shoes to fall'. Suggested was that credit card companies and pension funds will need government protection.
Obviously top of the pension fund list is GM's. GM was routinely shorting the pension fund to claim profits - to make top management look good.
Many are asking questions of Capital One who attracted (with low interest rates) customers that never pay off the balance. Captial One then hikes those interest rates higher on a slightest excuse.
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