> RoMunn wrote:
> back into the market in a big way at some point in the next few weeks. There
> are simply too many good values at 40% off the premiums, likely to go to 50%
> off.

Huh.  Hey, can you tell me which ones don't have exposure to $53
Trillion in deritives?

Eh.  Don't worry though.  You can always buy credit fault swaps.  That
way if MBSs fail you've got insurance.

And you KNOW this crisis has nothing to do with CDSs because its ALLLL
about Freddie and Fannie and those dastardly democrats with their
lending.

Yup.  buy up that hedge insurance!  CDSs baby.  dig in.

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