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

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To: saveslivesbyday who wrote (87594)10/12/2007 8:04:09 AM
From: saveslivesbyday  Read Replies (1) 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."

I wonder if the financial firms (eg GS etc,)could do this internally with their own Hedge Funds to avoid marking to market.

I can't imagine this would be kosher.
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