Yes, but the victims are likely to be pension funds and public agencies. On Thu, Dec 25, 2003 at 12:12:58PM -0800, Sabri Oncu wrote: > > And we will see what will happen to CDOs. They seem to > be bigger than CMOs though. CMOs were an American > thing. CDOs are global. I bet there are many disasters > waiting to happen. > > Sabri
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]