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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (164977)6/16/2009 12:33:36 PM
From: robnhood  Read Replies (1) | Respond to of 313175
 
Wow,, Now that is cool. LOL.



To: Canuck Dave who wrote (164977)6/16/2009 12:38:15 PM
From: maxncompany  Respond to of 313175
 
Gotta love it.....great stuff.



To: Canuck Dave who wrote (164977)6/16/2009 12:42:37 PM
From: robnhood  Respond to of 313175
 
That's probably what the Government should have done instead of honoring all of that CDS crap to the big banksters.



To: Canuck Dave who wrote (164977)6/16/2009 4:49:35 PM
From: carranza2  Read Replies (3) | Respond to of 313175
 
Caannot be.

How can the holders of the toxic crapola not know that they were over-insuring by a factor of 4? The CDSs must have been bought by strangers to the underlying mortgages, i.e., gamblers. Serious moral risks involved.

Sounds fishy to me, but truth is often stranger than fiction.


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