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The Duelling Guarantee

12th October 2008

The myth is that mortgage securitization reflects the genius of Wall Street. The reality is that it reflects the stupidity of the way that regulatory capital requirements are calculated.

This entry was posted on Sunday, October 12th, 2008 at 07:05 and is filed under Dystopia Watch. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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