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| User Info | Koolaid iditots; entered at 2007-12-02 01:04:09 | |||
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Koolaid Posts: 3881 Registered: 2007-07-23 Atlanta 
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I understand, but I think it takes a giant leap of faith to assume that it's only CDOs that had the bogus ratings. There's no such thing as a prime loan in bubble California/Florida/Nevada locations, but the banks are all touting them as such in their held-for-investment portfolios.
2007-12-02 01:04:09
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