Ya... quite funny. If the EFSF is really going to take the first loss of 20%, it will be like CDO squares... gathering all the toxic to issue a new toxic, reassuring investors that the super toxic is still with you and what they are getting are better than what they used to be...
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Ya... quite funny. If the EFSF is really going to take the first loss of 20%, it will be like CDO squares... gathering all the toxic to issue a new toxic, reassuring investors that the super toxic is still with you and what they are getting are better than what they used to be...
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