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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (30724)12/27/2008 3:07:52 PM
From: TimF  Respond to of 71588
 
I don't think these "bundles of loans" could have been sold very easily without the "insurance" of derivatives.

Some of them where, and not an insignificant amount, even with the existence of derivatives to try to provide insurance.