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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (36879)	7/25/2005 9:07:19 AM
From: orkrious	Respond to of 110194

What Greenspan didn't know money.cnn.com excerpt: Asked by Sen. Jim Bunning, R-Ky., why Greenspan only raised those concerns relatively recently even though those portfolios grew throughout much of the 1990s, Greenspan conceded it had taken him some time to understand the company's complicated structures, and the risks to the companies and the nation's financial systems posed by the concentration of mortgages in their holdings. "It's taken me quite a good bit of time to disentangle the complex structure," he said. "I didn't fully understand when I first looked at them.

To: orkrious who wrote (36879)	7/25/2005 10:48:03 AM
From: Zincman	Respond to of 110194

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