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Ishortyou's
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683 comments
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Well the situation is simple like any other business they have to remediate their books, they dont have much of a choice really and it doesnt take a rocket science to figure this out, remediate their books from those toxic liabilities is probably the only choice at the moment, thats of course is the housing market doesnt recover first.
Jun 29 07:25 am
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All Comments by Ishortyou »MBIA's GIC Exposure Could Trigger a Liquidity Crisis [View article]