This letter is the reason why the US national debt ceiling will be raised.
http://www.zerohedge.com/article/banks-hedge-funds-threaten-repeat-lehman-if-debt-ceiling-not-raised
Here is the roster of members on the committee backing the letter:
http://www.treasury.gov/resource-center/data-chart-center/quarterly-refunding/Pages/members-index.aspx
They will get their wish in May.
Wednesday, April 27, 2011
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