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	<title>Sense to Cents &#187; Uncategorized</title>
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		<title>Part 4 &#8211; The Recession &#8211; How the hell can a Big Bank go Bust?</title>
		<link>http://www.sense2cents.com/2009/02/20/the-recession-part-4-how-the-hell-can-a-big-bank-go-bust/</link>
		<comments>http://www.sense2cents.com/2009/02/20/the-recession-part-4-how-the-hell-can-a-big-bank-go-bust/#comments</comments>
		<pubDate>Fri, 20 Feb 2009 19:07:03 +0000</pubDate>
		<dc:creator>Chetan</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[frugality]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://www.sense2cents.com/?p=164</guid>
		<description><![CDATA[I wanted to title this post "How the hell can a bank go Bust - when it was  worth billions such a short time ago?", but that title sounded far too long, so I shortened it a bit. As you've guessed, in this post, we are going to try and understand how a large bank (such as WaMu, Bank of America or Lehman) can go bankrupt. We will start by understanding how a Bank works in it's simplest form and then move into the complex scenarios, again in simplified form.]]></description>
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