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
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