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With Banharn's incapable and allegedly corrupt government on the way out, the troubled stock exchange experienced a short-term boost -- "went crazy, " as one analyst put it -- as traders harbored hopes for a new (and cleaner) administration led by the opposition Democrat Party.
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Pete Cunningham, principal analyst at Canalys put it even more bluntly.
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"The fact that banks are not immediately penalized for creating losses alleviates some stress in holding losing positions, " was the way Richard Bove, an analyst at Punk Ziegel, put it in a research note last week.
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