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Politics : View from the Center and Left

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To: Steve Lokness who wrote (107271)	3/27/2009 3:22:30 PM
From: Dale Baker	Read Replies (1) of 541856

There is a huge difference between the abuses of securitization and derivatives and the basic economic value of well-regulated securitization. The modern economy relies on securitization for better use of capital; we just have to get back to a point where the advantages help us and none of the quant guys can step in and f&&& it up.

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