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| User Info | Would the gov pay people's mortgage?; entered at 2007-12-01 15:50:30 | |||
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Genesis Posts: 131437 Registered: 2007-06-26 
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The problem Jinxx is that some people made the correct bets on these securities and you're going to **** them. The problem with this is that those correct bets are, in fact, what makes a market. If you change the deal after its been done then you've added - not removed - uncertainty. This is bad for the market in general because if I can't find someone to take the other side of my trade, I can't do it at all! 2007-12-01 15:50:30
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