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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (466499)	3/26/2009 9:55:16 AM
From: Alighieri	Read Replies (1) of 1576007

Yes but the base assets for the collateralized mortgages are housing prices, and it's pretty difficult to prop them up. Right...and these are 1 to 1... If you just make null and void the highly leveraged CDSs (insurance) then you eliminate the huge liabilities that companies like AIG have accrued. youtube.com It may be why Geithner wants the power to take over non banks... Al

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