A series of avalanches thundered down the sides of coastal mountains near Juneau, Alaska, early in the morning on April 16. No people were hurt—not directly. But the avalanches took out several...
But for the first time in history, the decision may not be up to the regulators, politicians, or even the utilities. Instead, bank examiners may decide the survival of the merchant sector this summer. Perhaps that is as it should be, given how blindly the banks loaned out billions to the merchants.
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