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Non-Tech : Banks--- Betting on the recovery
WFC 85.80-0.3%10:41 AM EST

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To: Asymmetric who wrote (931)5/20/2010 11:52:23 PM
From: tejek   of 1428
 
Toxic CDOs Beset FDIC as Banks Fail

From what I understand, these CDOs are becoming less toxic as real estate conditions improve throughout the country. What I mean is the properties are starting to have some value.

Anyone else heard differently?
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