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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (6214)1/26/2004 1:04:52 PM
From: yard_man  Read Replies (1) of 110194
 
pretty good spin. His risk dispersion I would call risk socialization.

net effect: We all burn up with all this caustic garbage when it catches fire, while he and his buddies come up with a new theory on what went wrong on the banks of some fine resort.
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