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To: Perspective who wrote (66333)2/13/2003 11:52:49 AM
From: reaper  Respond to of 209892
 
<<Ask yourself: how many of those subprimes are employed in the housing bubble?>>

i had in fact thought of this; became very clear to me when i met the folks who came to do the rennovations on my home.

i don't know how over-collateralized the credit card trusts are, but the auto trusts are in excess of 25%.

Cheers