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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: saveslivesbyday who wrote (121255)5/6/2008 10:19:31 PM
From: Peter VRead Replies (2) of 306849
 
I have some COF, LEH and MS puts that expire in June/July, and I'm wondering if I went out far enough. I bought them a while ago, so they were pricey. I figured the Level 3 assets would catch up to the IBs by now, but I guess the discount window makes all that messy accounting unnecessary, along with the fictional reporting requirements for the Level 3 stuff.
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