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Old 07-31-2009, 02:11 AM   #4
mntruthseeker
Avalon Senior Member
 
Join Date: Sep 2008
Location: Minnesota
Posts: 2,482
Default Re: U.S. Properties Worth $2.2 Trillion at Default Risk

Quote:
Originally Posted by pyrangello View Post
Hey P&E you think thats alot I had a very good friend who is a financial guy tell me there are alot more of those credit default swaps out there than anybody knows about . They sold the loan, sold the loan, then sold it again and then re-packaged it again.
Oh yes and I am so fortunate to know have my home loan through none other than citi bank. grrrrrrrrrr so frustrating
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