The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike Johnston who wrote (79474)	6/13/2007 2:51:24 PM
From: John Vosilla	Read Replies (3) of 306849

I just read $200 trillion in over-the -counter rate derivatives that will be affected by the increase in long term rates plus another $100 trillion in credit default swaps that are already under pressure. That is a lot of assets to protect and I wonder how that compares to just five years ago.. A daunting task today that makes stock market manipulation or the housing implosion seem minor by comparison..

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