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  • Another Day, Another Bailout: Deleveraging Denial [View article]
    Steve,
    Thanks for your comments but one observation. If I'm not mistaken the ABS market is relatively new so any historical comparisons suffer from the fact that they represent an easy money period. If the statistics went back 20 or 30 years or more, I might be inclined to agree that they are at an all time high. Right now, they may well be simply representing an acknowledgement of the risk inherent in the product.
    Nov 26 23:30 pm |Rating: 0 0
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