This will SAVE OF CAREERS
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Why cant the government just insure the loans in the troubled CDO’s,CMO’s etc?
(or say insure to 70%)
bac,c etc balance sheet become so much stronger instantly.
s and p’s open limit up
government only pays on ACTUAL homeowner defaults.
simple. problem solved. confidence back
banks pay into insurance fund or something to pay tax payers back.
WTF am I missing?
[quote=Sam Houston]How many different times do you intend to post this?[/quote]
apparently several.
don’t worry Jim, it’s the ganja talking. he isn’t really like that.
no ganja.
it frustrates me.
cause it seems to make so much sense.
id like others views
your right dumb i guess
i have posted a reply twice in two different threads, too much effort to keep cut and pasting.
[quote=CDO Squared]no ganja.
it frustrates me.
cause it seems to make so much sense.
id like others views
your right dumb i guess
[/quote]
So you’re frustrated because you can’t score a dime bag?