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CDO: update 7..

April 20, 2010

Paul Krugman has his usual take on the topic.. defining looting as some third form of financial shenanigans.. and why so of course.. in passing I liked his reference to the GS guys in Gucci loafers… heh… mustbe WallStreet mojo.. bcos I haven’t seen many of them elsewhere… mind you… after PK who would want to be body-languaged that way.. 🙂

Penultimate paragraph fairly useful for the synthetic stuff and intro CDS..

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