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	<title><![CDATA[david goldman Resources | BNET]]></title>
	<link><![CDATA[http://resources.bnet.com/topic/david+goldman.html]]></link>
	<description><![CDATA[White papers, case studies, business articles, and blog posts relating to david goldman]]></description>
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		<title><![CDATA[Citigroup: Watch the Insiders]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F178648-citigroup-watch-the-insiders%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Citigroup insiders bought a remarkably small amount of their own stock during the past six months&#8211;virtually nothing, in fact. Managers have bought stock on only five occasions during the past six months, and only 2.7 million shares&#8217; worth (by contrast institutions bought 3.7 billion shares in...]]></description>
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		<pubDate>Thu, 17 Dec 2009 05:22:41 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
		<category domain="http://resources.bnet.com/topic/citigroup+inc..html"><![CDATA[Citigroup Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">C</category>
		<category domain="tickers">C</category>
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		<title><![CDATA[Sovereign Credit Watch: Getting Stretched]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F176270-sovereign-credit-watch-getting-stretched%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  And I don&#8217;t mean Dubai or the other prospective basket cases: all of them have come in sharply. But with Japan trading at +62 and the UK at +70, there&#8217;s a rattle in the motor which one day could turn nasty. It&#8217;s not possible to shove...]]></description>
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		<pubDate>Thu, 03 Dec 2009 12:06:00 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Fed Watch: A Trillion Here, a Trillion There...]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F176503-fed-watch-a-trillion-here-a-trillion-there%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  The Fed keeps adding MBS to its portfolio click to enlarge.     A trillion dollars worth of support for the mortgage market should have given housing a bit more of a kick, on top of the first-time homeowners&#8217; tax credit scheme. Given the...]]></description>
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		<pubDate>Thu, 03 Dec 2009 11:17:51 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Dubai Fallout: Not with a Bang, But a Whimper]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F175657-dubai-fallout-not-with-a-bang-but-a-whimper%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Except for Greece, whose credit protection trades +72 basis points wider than it did a month ago, market response to the Dubai default is surprisingly muted, as the table below from Markit Partners makes clear:   Worst Performing Sovereign Credit Default Swaps by David Goldman]]></description>
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		<pubDate>Mon, 30 Nov 2009 12:04:05 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Since When Does the 10-Year Yield Move Inversely to the S&P?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F173734-since-when-does-the-10-year-yield-move-inversely-to-the-s-p%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  If conventional wisdom applied&#8211;namely that the stock market is driven by prospects of economic recovery&#8211;we never, never would see this kind of weirdness: by David Goldman]]></description>
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		<pubDate>Tue, 17 Nov 2009 01:25:10 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[10-Year Treasury Yield Is the Giveaway]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F172896-10-year-treasury-yield-is-the-giveaway%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  We have had the longest winning streak on the S&P in three years, and gold hits new records every day &#8212; and the 10-year yield has fallen in the course of the week. That&#8217;s not a dog that didn&#8217;t bark, but a dog that did an...]]></description>
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		<pubDate>Wed, 11 Nov 2009 11:34:25 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Economy Watch: 'Stiggling' Our Way to Socialism]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F170443-economy-watch-stiggling-our-way-to-socialism%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  I propose a neologism, &#8220;to stiggle,&#8221; meaning to make uneconomic loans for political reasons, in honor of Nobel Laureate Joseph Stiglitz. If only we had nationalized the banks, he complains, we would have been able to force the banks to make uneconomic loans that they did...]]></description>
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		<pubDate>Sun, 01 Nov 2009 11:22:04 -0800</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Main Street Seeing Worst Credit Crunch Ever]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F169732-main-street-seeing-worst-credit-crunch-ever%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Away from the too-pig-too-fail bailouts and subsidized sectors of the economy, the credit crunch is getting worse, not better. by David Goldman]]></description>
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		<pubDate>Thu, 29 Oct 2009 01:14:56 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Asset Bubble Bursting]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F169263-asset-bubble-bursting%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  The following chart (the price of a derivative contract based on single-A rated commercial mortgage backed securities as provided by Markit Partners) speaks for itself click to enlarge:   As defaults on commercial mortgages rise, the mini-bubble in toxic waste assets deflates. Note that the...]]></description>
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		<pubDate>Tue, 27 Oct 2009 02:13:13 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[When Volcker Saved the Dollar]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F165645-when-volcker-saved-the-dollar%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  An important anniversary slipped by this week: the fortieth anniversary of Paul Volcker&#8217;s dramatic tightening of credit on Oct. 6, 1979, after the dollar went into free-fall on foreign exchange markets. Inflation had crossed into double digits after four years of mismanagement by the Carter administration....]]></description>
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		<pubDate>Fri, 09 Oct 2009 12:44:11 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[The Arithmetic of Gold: Why Its Price Has No Ceiling]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F165293-the-arithmetic-of-gold-why-its-price-has-no-ceiling%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  What&#8217;s the price of the last ticket on the last train out of Paris on the night the Germans march in? Whoever is carrying the most cash will get it, and that will be the price. Robert Merton, the great finance theorist, showed that in a...]]></description>
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		<pubDate>Wed, 07 Oct 2009 05:50:59 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/gold+%2526+precious+metals.html"><![CDATA[Gold & Precious Metals]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
		<category domain="http://resources.bnet.com/topic/streettracks+gold+trust.html"><![CDATA[Streettracks Gold Trust]]></category>
		<category domain="http://resources.bnet.com/topic/gladstone+plc..html"><![CDATA[Gladstone Plc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">GLD</category>
		<category domain="tickers">GLD</category>
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		<title><![CDATA[Japanese Banks: It Ain't So If You Say It Ain't So]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F165166-japanese-banks-it-ain-t-so-if-you-say-it-ain-t-so%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  When is a non-performing loan not a non-performing loan? When you say it isn&#8217;t! Bloomberg reports:   Oct. 6 Bloomberg &#8212; Japanese banks&#8217; bad loans won&#8217;t be driven higher by a proposed moratorium on debt payments by struggling small companies, said Financial Services Minister Shizuka...]]></description>
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		<pubDate>Tue, 06 Oct 2009 11:26:28 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/japan.html"><![CDATA[Japan]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[The U.S's Permanent Depression]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F164835-the-u-s-s-permanent-depression%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Permanent depression is the subject of my essay today at Asia Times. I review the sources of funding for Treasury deficit and show how it is choking off credit to the productive economy. The conclusion:    The parallels between America in 2009 and Japan...]]></description>
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		<pubDate>Mon, 05 Oct 2009 05:46:19 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[10 More Reasons Why the Recession Will Last Forever]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F163345-10-more-reasons-why-the-recession-will-last-forever%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  With reference to Dave&#8217;s Top 10 Reasons why the recession will last forever, here&#8217;s another set. I continue to believe that the S&P will end 2009 about where it began.   10. Exports are down by a quarter from their June 2008 peak (click to...]]></description>
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		<pubDate>Fri, 25 Sep 2009 12:11:36 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/china.html"><![CDATA[China]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Is It a Stock Market Rally or a Dollar Devaluation?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F157655-is-it-a-stock-market-rally-or-a-dollar-devaluation%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  The chart below click to enlarge shows the SPX vertical scale vs the dollar bullish ETF UUP horizontal scale for the year to date:    Fully 80% of the movement in the S&P can be explained by the movement in the dollar index. by...]]></description>
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		<pubDate>Sat, 22 Aug 2009 06:56:09 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Divesting Bank Stocks: Always Too Early]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F156402-divesting-bank-stocks-always-too-early%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  On July 18, 2007, I went on Larry Kudlow&#8217;s CNBC show to warn that a &#8220;trillion-dollar AAA asset bubble&#8221; threatened the banking system, warning investors to get out of financial stocks. I was much too early. by David Goldman]]></description>
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		<pubDate>Sun, 16 Aug 2009 02:57:52 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[If Wal-Mart Isn't Recovering, How Can the U.S. Economy?]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F155950-if-wal-mart-isn-t-recovering-how-can-the-u-s-economy%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Bloomberg today:   Aug. 13 Bloomberg &#8212; Wal-Mart Stores Inc., the world&#8217;s largest retailer, reported second-quarter profit that exceeded some analysts&#8217; estimates after managing inventory to lower costs. Comparable-store sales trailed the company&#8217;s forecast. by David Goldman]]></description>
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		<pubDate>Thu, 13 Aug 2009 07:12:31 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/retail.html"><![CDATA[Retail]]></category>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
		<category domain="http://resources.bnet.com/topic/wal-mart+stores+inc..html"><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category domain="http://rss.financialcontent.com/stocksymbol">WMT</category>
		<category domain="tickers">WMT</category>
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		<title><![CDATA[Mini-Bubble in Toxic Assets]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F155342-mini-bubble-in-toxic-assets%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  TALF and PPIP asset-buying programs, I noted Aug. 2, have pushed up asset banks and made bank equity look frothy. Even the dicier parts of Commercial Mortgage Backed Securities CMBS are showing exceptional performance recently. Roughly two-thirds of a typical CMBS pool is rated AAA, which...]]></description>
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		<pubDate>Tue, 11 Aug 2009 03:50:09 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Betrayed By Buffett? No Need to Be Shocked, The Game Is Indeed Rigged]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F154319-betrayed-by-buffett-no-need-to-be-shocked-the-game-is-indeed-rigged%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Just a reminder: back in January, I said that financial equity was &#8220;the hottest ticket in town.&#8221;   Here&#8217;s another sign of banana-republicization of the United States. Under the headline &#8220;Buffett&#8217;s Betrayal,&#8221; Reuters&#8217; blogger Rolfe Winkler has a poignant comment this morning about Warren Buffett:...]]></description>
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		<pubDate>Thu, 06 Aug 2009 08:20:20 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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		<title><![CDATA[Banks Just Keep Getting Frothier]]></title>
		<link><![CDATA[http://dw.com.com/redir?destUrl=http%3A%2F%2Fseekingalpha.com%2Farticle%2F153176-banks-just-keep-getting-frothier%3Fsource%3Dbnet&siteid=23&tag=seekingalpha]]></link>
		<description><![CDATA[David Goldman submits:  Banks are getting frothy, I offered on July 15 before decamping for Italy. I spoke at a conference on ethics and financial markets sponsored by the Instituto Bruno Leoni in Rome, of small interest to this blog&#8217;s readers. Since then banks have outperformed the S&P 500,...]]></description>
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		<pubDate>Sun, 02 Aug 2009 08:05:23 -0700</pubDate>
		<category domain="http://resources.bnet.com/topic/us+market.html"><![CDATA[US Market]]></category>
		<category domain="http://resources.bnet.com/topic/financial.html"><![CDATA[Financial]]></category>
		<category domain="http://resources.bnet.com/topic/david+goldman.html"><![CDATA[David Goldman]]></category>
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