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	<title>Comments on: Housing bubble part 2?  Don&#8217;t hold your breath.</title>
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	<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/</link>
	<description>Real Estate, Economics, and Politics</description>
	<lastBuildDate>Thu, 24 May 2012 11:13:28 +0000</lastBuildDate>
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		<title>By: abowlabowsjax</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-279175</link>
		<dc:creator>abowlabowsjax</dc:creator>
		<pubDate>Fri, 13 Mar 2009 14:54:48 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-279175</guid>
		<description>Good evening.

I am in need for advice quickly

otmorrow the  manager will absolutely send me out.

Our website [url=http://www.seperation-skoede.info/seperation/seperation-Laesoe-.html]ejerlejlighed[/url] really are not feeding any cash

What the hell is incorrect?</description>
		<content:encoded><![CDATA[<p>Good evening.</p>
<p>I am in need for advice quickly</p>
<p>otmorrow the  manager will absolutely send me out.</p>
<p>Our website [url=http://www.seperation-skoede.info/seperation/seperation-Laesoe-.html]ejerlejlighed[/url] really are not feeding any cash</p>
<p>What the hell is incorrect?</p>
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		<title>By: Paul Fraser</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267747</link>
		<dc:creator>Paul Fraser</dc:creator>
		<pubDate>Thu, 12 Feb 2009 03:44:57 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267747</guid>
		<description>RBC Bank President Gordon Nixon - Salary  $11.73 Million 


$100,000 - MISTAKE (FISHERMEN&#039;S LOAN)
                                                                                               

I&#039;m a commercial fisherman fighting the Royal Bank of Canada (RBC Bank) over a $100,000 loan mistake. I lost my home, fishing vessel and equipment. Help me fight this corporate bully by closing your RBC Bank account.


There was no monthly interest payment date or amount of interest payable per month on my loan agreement. Date of first installment payment (Principal + interest) is approximately 1 year from the signing of my contract.
Demand loan agreements signed by other fishermen around the same time disclosed monthly interest payment dates and interest amounts payable per month.The lending policy for fishermen did change at RBC from one payment (principal + interest) per year for fishing loans to principal paid yearly with interest paid monthly. This lending practice was in place when I approached RBC.
Only problem is the loans officer was a replacement who wasn&#039;t familiar with these type of loans. She never informed me verbally or in writing about this new criteria.

Phone or e-mail:
RBC President, Gordon Nixon, Toronto (416)974-6415
RBC Vice President, Sales, Anne Lockie, Toronto (416)974-6821
RBC President, Atlantic Provinces, Greg Grice (902)421-8112 mail to:greg.grice@rbc.com
RBC Manager, Cape Breton/Eastern Nova Scotia, Jerry Rankin (902)567-8600
RBC Vice President, Atlantic Provinces, Brian Conway (902)491-4302 mail to:brian.conway@rbc.com
RBC Vice President, Halifax Region, Tammy Holland (902)421-8112 mail to:tammy.holland@rbc.com
RBC Senior Manager, Media &amp; Public Relations, Beja Rodeck (416)974-5506 mail to:beja.rodeck@rbc.com
RBC Ombudsman, Wendy Knight, Toronto, Ontario 1-800-769-2542 mail to:ombudsman@rbc.com
Ombudsman for Banking Services &amp; Investments, JoAnne Olafson, Toronto, 1-888-451-4519 mail to:ombudsman@obsi.ca

http://www.pfraser.blogspot.com

http://www.corporatebully.ca

http://www.youtube.com/CORPORATEBULLY

http://www.p2pnet.net/story/17877

&quot;Fighting the Royal Bank of Canada (RBC Bank) one customer at a time&quot;</description>
		<content:encoded><![CDATA[<p>RBC Bank President Gordon Nixon &#8211; Salary  $11.73 Million </p>
<p>$100,000 &#8211; MISTAKE (FISHERMEN&#8217;S LOAN)</p>
<p>I&#8217;m a commercial fisherman fighting the Royal Bank of Canada (RBC Bank) over a $100,000 loan mistake. I lost my home, fishing vessel and equipment. Help me fight this corporate bully by closing your RBC Bank account.</p>
<p>There was no monthly interest payment date or amount of interest payable per month on my loan agreement. Date of first installment payment (Principal + interest) is approximately 1 year from the signing of my contract.<br />
Demand loan agreements signed by other fishermen around the same time disclosed monthly interest payment dates and interest amounts payable per month.The lending policy for fishermen did change at RBC from one payment (principal + interest) per year for fishing loans to principal paid yearly with interest paid monthly. This lending practice was in place when I approached RBC.<br />
Only problem is the loans officer was a replacement who wasn&#8217;t familiar with these type of loans. She never informed me verbally or in writing about this new criteria.</p>
<p>Phone or e-mail:<br />
RBC President, Gordon Nixon, Toronto (416)974-6415<br />
RBC Vice President, Sales, Anne Lockie, Toronto (416)974-6821<br />
RBC President, Atlantic Provinces, Greg Grice (902)421-8112 mail to:greg.grice@rbc.com<br />
RBC Manager, Cape Breton/Eastern Nova Scotia, Jerry Rankin (902)567-8600<br />
RBC Vice President, Atlantic Provinces, Brian Conway (902)491-4302 mail to:brian.conway@rbc.com<br />
RBC Vice President, Halifax Region, Tammy Holland (902)421-8112 mail to:tammy.holland@rbc.com<br />
RBC Senior Manager, Media &amp; Public Relations, Beja Rodeck (416)974-5506 mail to:beja.rodeck@rbc.com<br />
RBC Ombudsman, Wendy Knight, Toronto, Ontario 1-800-769-2542 mail to:ombudsman@rbc.com<br />
Ombudsman for Banking Services &amp; Investments, JoAnne Olafson, Toronto, 1-888-451-4519 mail to:ombudsman@obsi.ca</p>
<p><a href="http://www.pfraser.blogspot.com" rel="nofollow">http://www.pfraser.blogspot.com</a></p>
<p><a href="http://www.corporatebully.ca" rel="nofollow">http://www.corporatebully.ca</a></p>
<p><a href="http://www.youtube.com/CORPORATEBULLY" rel="nofollow">http://www.youtube.com/CORPORATEBULLY</a></p>
<p><a href="http://www.p2pnet.net/story/17877" rel="nofollow">http://www.p2pnet.net/story/17877</a></p>
<p>&#8220;Fighting the Royal Bank of Canada (RBC Bank) one customer at a time&#8221;</p>
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		<title>By: Stu</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267709</link>
		<dc:creator>Stu</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:46:01 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267709</guid>
		<description>Grim...about the 15k credit and 4% fixed rate.  I am well in agreement with you.  Few have the DP, and those who own are looking to downsize, not upsize.  Houses will sell when their cost gets back down to affordability.  Unfortunately, the viscous economic cycle (deflation) will make this take that much longer.  False floors (tax credits, artificial interest rates) only serve to delay the natural adjustment.  Our poor leaders.  They will never learn.</description>
		<content:encoded><![CDATA[<p>Grim&#8230;about the 15k credit and 4% fixed rate.  I am well in agreement with you.  Few have the DP, and those who own are looking to downsize, not upsize.  Houses will sell when their cost gets back down to affordability.  Unfortunately, the viscous economic cycle (deflation) will make this take that much longer.  False floors (tax credits, artificial interest rates) only serve to delay the natural adjustment.  Our poor leaders.  They will never learn.</p>
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		<title>By: Sean</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267708</link>
		<dc:creator>Sean</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:44:48 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267708</guid>
		<description>Stimulus Plan is bunk.

http://www.youtube.com/watch?v=hRkj5rgRtAs</description>
		<content:encoded><![CDATA[<p>Stimulus Plan is bunk.</p>
<p><a href="http://www.youtube.com/watch?v=hRkj5rgRtAs" rel="nofollow">http://www.youtube.com/watch?v=hRkj5rgRtAs</a></p>
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		<title>By: LordJohnWarfen</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267698</link>
		<dc:creator>LordJohnWarfen</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:37:03 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267698</guid>
		<description>You guys read about the shooting in Red Bank the other night?  I’m guessing this is only going to get worse, a return to the early 90’s.  Buckle up.</description>
		<content:encoded><![CDATA[<p>You guys read about the shooting in Red Bank the other night?  I’m guessing this is only going to get worse, a return to the early 90’s.  Buckle up.</p>
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		<title>By: CAIBC</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267691</link>
		<dc:creator>CAIBC</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:14:26 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267691</guid>
		<description>more like stupid than lack of confidence....i cant belive with that kind of a look on his face, that anyone would take him seriously at a board meeting!!!

and did everyone hear the compensation packages these morons got? i cant believe</description>
		<content:encoded><![CDATA[<p>more like stupid than lack of confidence&#8230;.i cant belive with that kind of a look on his face, that anyone would take him seriously at a board meeting!!!</p>
<p>and did everyone hear the compensation packages these morons got? i cant believe</p>
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		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267687</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:09:18 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267687</guid>
		<description>New thread, move it up!</description>
		<content:encoded><![CDATA[<p>New thread, move it up!</p>
]]></content:encoded>
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		<title>By: DISSIDENT HEHEHE</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267685</link>
		<dc:creator>DISSIDENT HEHEHE</dc:creator>
		<pubDate>Thu, 12 Feb 2009 01:02:47 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267685</guid>
		<description>I will not suck a govt teat, I&#039;d die first.</description>
		<content:encoded><![CDATA[<p>I will not suck a govt teat, I&#8217;d die first.</p>
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		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267684</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:58:50 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267684</guid>
		<description>&lt;I&gt;oh by the way, i bank with BOA…and the BOA CEO scared me the most!&lt;/i&gt;

Poor guy looked like he was having a heart attack.  His defensiveness didn&#039;t exactly inspire confidence either.</description>
		<content:encoded><![CDATA[<p><i>oh by the way, i bank with BOA…and the BOA CEO scared me the most!</i></p>
<p>Poor guy looked like he was having a heart attack.  His defensiveness didn&#8217;t exactly inspire confidence either.</p>
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		<title>By: CAIBC</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267683</link>
		<dc:creator>CAIBC</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:49:58 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267683</guid>
		<description>oh by the way, i bank with BOA...and the BOA CEO scared me the most!

what are everyones thoughts on moving money to a credit union? never really banked with them but i am guessing that they were more conservative than these &#039;masters of the universe&#039;?</description>
		<content:encoded><![CDATA[<p>oh by the way, i bank with BOA&#8230;and the BOA CEO scared me the most!</p>
<p>what are everyones thoughts on moving money to a credit union? never really banked with them but i am guessing that they were more conservative than these &#8216;masters of the universe&#8217;?</p>
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		<title>By: CAIBC</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267682</link>
		<dc:creator>CAIBC</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:47:46 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267682</guid>
		<description>Joe, maybe one day....we can all dream....

the more money i stash away in my bank account, the more i am starting to get worried that my bank is going to be caught up in some ponzi scheme and i will have to wait in line to get my 100K check from the FDIC....

i would rather put that money toward a home that my family and i can enjoy! 

after seeing the theatrics on TV today with the &#039;masters of the universe&#039; (thats what a congressman called the bank CEOs) and their sheer disregard for the mess they have created, i am beginning to think to take all my money out of my bank and put it in a local bank or even my credit union....

CAIBC</description>
		<content:encoded><![CDATA[<p>Joe, maybe one day&#8230;.we can all dream&#8230;.</p>
<p>the more money i stash away in my bank account, the more i am starting to get worried that my bank is going to be caught up in some ponzi scheme and i will have to wait in line to get my 100K check from the FDIC&#8230;.</p>
<p>i would rather put that money toward a home that my family and i can enjoy! </p>
<p>after seeing the theatrics on TV today with the &#8216;masters of the universe&#8217; (thats what a congressman called the bank CEOs) and their sheer disregard for the mess they have created, i am beginning to think to take all my money out of my bank and put it in a local bank or even my credit union&#8230;.</p>
<p>CAIBC</p>
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		<title>By: Joe</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267681</link>
		<dc:creator>Joe</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:37:54 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267681</guid>
		<description>Asking prices in Hunterdon, Somerset &amp; Middlsex counties are still way too high. Do a search between $300 - $400k and nothing but crap comes up. Maybe one day prices will come down &amp; sellers will have no choice to lower asking prices.</description>
		<content:encoded><![CDATA[<p>Asking prices in Hunterdon, Somerset &amp; Middlsex counties are still way too high. Do a search between $300 &#8211; $400k and nothing but crap comes up. Maybe one day prices will come down &amp; sellers will have no choice to lower asking prices.</p>
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		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267680</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:37:02 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267680</guid>
		<description>grim (287)-

I responded to all the NAR, Liniger and Realogy blast e-mails asking for my support with an e-mail back to them.

I think my exact words were &quot;fcuk no&quot;...or something to that effect.

So I think my local board is probably putting their heads together to come up with a way to bust my ass.</description>
		<content:encoded><![CDATA[<p>grim (287)-</p>
<p>I responded to all the NAR, Liniger and Realogy blast e-mails asking for my support with an e-mail back to them.</p>
<p>I think my exact words were &#8220;fcuk no&#8221;&#8230;or something to that effect.</p>
<p>So I think my local board is probably putting their heads together to come up with a way to bust my ass.</p>
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		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267679</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:34:28 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267679</guid>
		<description>So what is the &lt;i&gt;monorail&lt;/i&gt; in the final stimulus package?  Or is the the package itself?

The Monorail Song

Lyle Lanley: Y&#039;know, a town with money is like a mule with a spinning wheel. No one knows how he got it and danged if he knows how to use it!
(audience laughs)
Homer: Heh heh! Mule.
Lyle Lanley: The name&#039;s Lanley. Lyle Lanley. And I come before you good people tonight with an idea. Probably the greatest... Aw, it&#039;s not for you. It&#039;s more of a Shelbyville idea.
Mayor Quimby: Now wait just a minute! We&#039;re twice as smart as the people of Shelbyville! Just tell us your idea and we&#039;ll vote for it!
Lyle Lanley: All right, I tell you what I&#039;ll do. I&#039;ll show you my idea! I give you the Springfield Monorail! (audience gasps) I&#039;ve sold monorails to Brockway, Ogdenville, and North Haverbrooke, and by gum, it put them on the map!
Well, sir, there&#039;s nothing on earth
Like a genuine,
Bona fide,
Electrified,
Six-car
Monorail! ...
What&#039;d I say?
Ned Flanders: Monorail!
Lyle Lanley: What&#039;s it called?
Patty &amp; Selma: Monorail!
Lyle Lanley: That&#039;s right! Monorail!
(crowd chants &quot;Monorail&quot; softly and rhythmically)
Miss Hoover: I hear those things are awfully loud.
Lyle Lanley: It glides as softly as a cloud.
Apu: Is there a chance the track could bend?
Lyle Lanley: Not on your life, my Hindu friend.
Barney: What about us brain-dead slobs?
Lyle Lanley: You&#039;ll all be given cushy jobs.
Grampa: Were you sent here by the devil?
Lyle Lanley: No, good sir, I&#039;m on the level.
Chief Wiggum: The ring came off my pudding can.
Lyle Lanley: Take my pen knife, my good man.
I swear it&#039;s Springfield&#039;s only choice...
Throw up your hands and raise your voice!
All: Monorail!
Lyle Lanley: What&#039;s it called?
All: Monorail!
Lyle Lanley: Once again...
All: Monorail!
Marge: But Main Street&#039;s still all cracked and broken!
Bart: Sorry, Mom, the mob has spoken.
All: Monorail!
Monorail!
Monorail!
Monorail!
Homer: Mono... D&#039;oh!</description>
		<content:encoded><![CDATA[<p>So what is the <i>monorail</i> in the final stimulus package?  Or is the the package itself?</p>
<p>The Monorail Song</p>
<p>Lyle Lanley: Y&#8217;know, a town with money is like a mule with a spinning wheel. No one knows how he got it and danged if he knows how to use it!<br />
(audience laughs)<br />
Homer: Heh heh! Mule.<br />
Lyle Lanley: The name&#8217;s Lanley. Lyle Lanley. And I come before you good people tonight with an idea. Probably the greatest&#8230; Aw, it&#8217;s not for you. It&#8217;s more of a Shelbyville idea.<br />
Mayor Quimby: Now wait just a minute! We&#8217;re twice as smart as the people of Shelbyville! Just tell us your idea and we&#8217;ll vote for it!<br />
Lyle Lanley: All right, I tell you what I&#8217;ll do. I&#8217;ll show you my idea! I give you the Springfield Monorail! (audience gasps) I&#8217;ve sold monorails to Brockway, Ogdenville, and North Haverbrooke, and by gum, it put them on the map!<br />
Well, sir, there&#8217;s nothing on earth<br />
Like a genuine,<br />
Bona fide,<br />
Electrified,<br />
Six-car<br />
Monorail! &#8230;<br />
What&#8217;d I say?<br />
Ned Flanders: Monorail!<br />
Lyle Lanley: What&#8217;s it called?<br />
Patty &#038; Selma: Monorail!<br />
Lyle Lanley: That&#8217;s right! Monorail!<br />
(crowd chants &#8220;Monorail&#8221; softly and rhythmically)<br />
Miss Hoover: I hear those things are awfully loud.<br />
Lyle Lanley: It glides as softly as a cloud.<br />
Apu: Is there a chance the track could bend?<br />
Lyle Lanley: Not on your life, my Hindu friend.<br />
Barney: What about us brain-dead slobs?<br />
Lyle Lanley: You&#8217;ll all be given cushy jobs.<br />
Grampa: Were you sent here by the devil?<br />
Lyle Lanley: No, good sir, I&#8217;m on the level.<br />
Chief Wiggum: The ring came off my pudding can.<br />
Lyle Lanley: Take my pen knife, my good man.<br />
I swear it&#8217;s Springfield&#8217;s only choice&#8230;<br />
Throw up your hands and raise your voice!<br />
All: Monorail!<br />
Lyle Lanley: What&#8217;s it called?<br />
All: Monorail!<br />
Lyle Lanley: Once again&#8230;<br />
All: Monorail!<br />
Marge: But Main Street&#8217;s still all cracked and broken!<br />
Bart: Sorry, Mom, the mob has spoken.<br />
All: Monorail!<br />
Monorail!<br />
Monorail!<br />
Monorail!<br />
Homer: Mono&#8230; D&#8217;oh!</p>
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		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/02/11/housing-bubble-part-2-dont-hold-your-breath/#comment-267678</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Thu, 12 Feb 2009 00:33:21 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3675#comment-267678</guid>
		<description>Tell you what, I&#039;d love to be a fly on the wall in any Realtor organization across the country right now.

Wonder how they are going to spin this one.</description>
		<content:encoded><![CDATA[<p>Tell you what, I&#8217;d love to be a fly on the wall in any Realtor organization across the country right now.</p>
<p>Wonder how they are going to spin this one.</p>
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