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To: NOW who wrote (86549)9/24/2008 7:35:11 PM
From: Broken_Clock1 Recommendation  Read Replies (1) | Respond to of 116555
 
Stunningly obvious answer:

Where's the profit in that?



To: NOW who wrote (86549)9/25/2008 12:38:50 AM
From: NOW2 Recommendations  Read Replies (3) | Respond to of 116555
 
Does anyone have a real response to this question???
"Stunningly obvious question: if the government was actually trying to spend a lot of money to keep all those mortgage securities from being worthless, even if they were planning to do so by wrongly indebting future generations of Americans, wouldn't the simplest way be to fund the mortgages that the securities depend upon?"
cronotica.blogspot.com


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