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"surprisingly orderly?"
Oct 21 13:20 pm
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All Comments by Stimpy »CDS: What If There Was a Crack-Up and Nobody Came? [View article]
Sure, as long as the Gov't was there to lend AIG 80+ Billion and you don't count the meltdown in the money markets after Reserve Fund 'broke the buck" on bad Lehman CP because CDS conterparties were sucking on the bons of the Company BEFORE they filed, things went just great.