The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: loantech who wrote (37781)	8/5/2005 12:17:25 PM
From: Perspective	Read Replies (1) of 110194

Do you have a good feel for where those toxic LOC's are ending up? Please tell me it's not our local neighborhood Washington Mutual. I think they're smarter than that. Who is it? That Fitch report says that hedge funds are snapping it up, but you must have some unique visibility on where that toxic 20% ends up. Is it all pooled and securitized, or are the Washington Mutuals and Bank of Americas playing this Russian roulette? BC

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