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Old 07-23-2010, 03:27 AM
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Default I have one dollar in collateralized debt oblgtn of a
tranche of mortgages made to single moms. What do I have?
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Old 07-23-2010, 03:32 AM
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You have one dollar of collateralized debt. So what is your question? Will you get it back? Can you sell it?
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Old 07-23-2010, 03:36 AM
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if its collateralized then you have a dollar that you cant use yet.
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