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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: geode00 who wrote (191020)3/16/2009 3:13:54 PM
From: bentwayRead Replies (2) of 306849
 
"Earth to Ben and Tim, these aren't credit losses, they are gambling losses."

Some are, some aren't. Why don't they insist that to get a CDS paid off, you have to show the security it was insuring and OWN it? That way, we aren't paying off BETS.
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