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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (164652)11/15/2008 3:09:12 PM
From: JBTFDRead Replies (2) of 306849
 
I think if you want to look for a cause you could just as easily point your finger at the ratings agencies that (IMO fraudulently) rated all this stuff. I they had rated the CDO's commensurate with the actual risk no one would have been willing to buy it.
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