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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ldo79 who wrote (356433)2/5/2008 1:09:24 PM
From: LTK007   of 436258
 
<<More than 60 ``opportunity'' funds have been created to take advantage of a plunge in prices for mortgage assets, said Carlos Mendez, a senior managing director at Institutional Credit Partners LLC.

Along with insurers, they're among the limited number of buyers of existing mortgage-linked CDOs, Mendez and Heller said.>>
What an opportunity! Now do we watch these opportunist go under---hmmm? max
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