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Strategies & Market Trends : Classic TA Workplace

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To: Paul Shread who wrote (170135)	7/30/2008 4:34:09 PM
From: Galirayo	of 209892

[OT] And that MER "Bull" CDO Sale Looks like a Sweet Deal .. Let's see Liquidation Price of 22 Cents on the USD [LOL] .. Minus Owner Financing of "What" 16 Cents .. LMAO .. Means the Leverage was "WHAT" ? 25% of .22 on Dollar of the USD ... I hope they got some kind of Origination Fee on it too !!!! OMG ... Wait till someone has to Price "SIV"s. hehehehehe Talk about Risk Management .. ~(8^D

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