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

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To: Ramsey Su who wrote (70847)10/3/2006 4:12:06 PM
From: russwinter  Read Replies (1) of 110194
 
The main spin I've heard is that Wall Street will some how move in with their unregulated entities, take away the toxic business, and just continue on with the abuses, even if the regulated entities are impacted. It's the ole worm hole theory, although not sure how valid it is?

Maybe the question we should really be asking now is, who holds, or is hiding mortgages like these, and in what manner are they hidden, and where are the examiners? There seem to be too players pretending they just hold staid 150k, 30 year fixed mortgages from Peoria.
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