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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Ramsey Su who wrote (49584)1/12/2006 2:57:44 PM
From: russwinter  Read Replies (1) of 110194
 
Here's the GMAFB du jour, 24 hour global trading market "with huge depth", and he blurts out this dog ate the homework excuse, ya thank the buyers are picking up their phones now "after the first of the year".:

Michael Strauss, American Home's Chairman and CEO, commented, 'During December the secondary mortgage market became one-sided, with very few buyers ... moved to the sidelines to wait out the holidays, and significant discounts... driving yields sharply higher.'"
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