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Thursday, August 25, 2011

Toneey in Texas Reminds us...

"The banks knew what the mortgages were worth, otherwise how could
they have fooled the investors by putting the good ones on the top and
bottom and the bad ones in the middle of the pack?"

Hmmm... Could that have happened by accident or coincidence?
If not, then how can they say that betting against these things,
was somehow done without their knowledge? No wonder the stock is
dropping so fast.

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