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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (171969)12/17/2008 3:01:25 PM
From: energyplayRead Replies (3) | Respond to of 306849
 
What if they own a similar underlying asset ? If you have "Inland Empire Zero Down MBS No. 5" shouldn't you be able to be paid on "Inland Empire Zero Down MBS No. 4" ?

>>> " It is criminal if any taxpayer money bails out 1 dime of CDS where the party buying protection does not own the underlying asset IMO. Taxpayers should not be on the hook for casino bets placed with insolvent casinos. " <<<