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

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To: Giordano Bruno who wrote (87593)10/11/2007 10:18:23 PM
From: saveslivesbyday  Read Replies (2) of 110194
 
"Some financial firms have sought in recent weeks to avoid write-downs by selling mortgage positions to hedge funds, with an agreement that allows the hedge fund to sell them back after a set period."

Nice trick.

"You see, it's not that bad after all"
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