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<p>[QUOTE=&quot;InfleXion, post: 1294547, member: 29012&quot;]Just out of curiosity I did a little digging, and according to Wikipedia Enron&#039;s outstanding debt was around $23 billion mostly held by Citigroup and JPM. By today&#039;s standards that is a small number compared to the debt these TBTF banks have, which absorbed the losses of Enron in the first place and got compensated by our tax dollars. I would agree that these banks and the other 2 you mentioned have a very high risk and would take it even a step further that they are utterly dependent on financial intervention to remain in business. These are the pillars of the banking economy at least in the private sector, which is all the more reason I feel safer holding precious metals.[/QUOTE]</p><p><br /></p>

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