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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: axial who wrote (95359)3/16/2009 10:41:02 AM
From: ajtj99  Read Replies (2) of 116555
 
There needs to be a moratorium on credit default swaps, derivatives need to be regulated, and they all need to be 100% backed by assets like insurance.

That would kill the swap business and take care of many of the issues surrounding them.
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