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Wednesday, September 17, 2008

EBC beats AIG, LB, MLPFS, Fannie, Freddie, Bear, CitiCorp, Wachovia, Morgan Stanley, Countrywide, IndyMac, WaMu, and others too numerous to type

I introduced the treasurer's report for the Evanston Bicycle Club last night by noting we were in substantially better shape than the average Wall Street firm, and did not anticipate needing a federal bailout this year.

The laughter sounded a bit strained.