Re: What if there was no government stimulus bail out?




"O-PGManager" Usenet Poster
jpc14_99@xxxxxxxxx Post #39 of 41 (3 views) Copy Shortcut Feb 26,
2009, 7:21 PM
Re: What if there was no government stimulus bail out? Reply

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"the private market was very careful in pricing these securities.
that's
why the only firms who are having trouble are the government
sponsored
fannie and freddie."


Again, you demonstrate that you're just stating whatever pops into
your
head. They weren't AT ALL "careful in pricing these securties"
accurately. The derivatives were rated at high ivestment grade when
they were actuallty worthless. How "very careful" does that seem to
you?

WHOOSH

........................................................................
.......

"WHOOSH" your ass. You have no idea what you're talking about and you
got caught.

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