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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (110587)1/17/2008 11:03:24 PM
From: KPHinds  Read Replies (1) of 132070
 
re MBSes, do you think that writing them off to 25 cents on the dollar is too conservative, and do you think there's a way to profit if so? I don't see how they could be worth 25 cents- do these subprime loans have no claims on the underlying assets?
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