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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (29720)	10/2/2008 3:09:19 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

How about the (estimated) '$45 - $74 Trillion plus' in unregulated Credit Default Swaps? ('No dangers' there?) (PS --- I never said that Fannie and Freddie weren't LARGE, or were not 'important'... just that they were not the ones who made bad mortgage loans, or corrupted appraisers and loan officials while their executives raked off huge profits. Were plenty of executive profits at the GSE's too... but all those corrupt primary loans were made by FULLY PRIVATE companies. It was the regulators who slept while the lenders were about this.)

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