Old Project Avalon Forum (ARCHIVE) - View Single Post - U.S. Properties Worth $2.2 Trillion at Default Risk

pyrangello · 07-30-2009, 10:09 PM

Hey P&E you think thats alot I had a very good friend who is a financial guy tell me there are alot more of those credit default swaps out there than anybody knows about . They sold the loan, sold the loan, then sold it again and then re-packaged it again.

07-30-2009, 10:09 PM	#2
pyrangello Avalon Senior Member Join Date: Sep 2008 Location: Northern Michigan Posts: 412	Re: U.S. Properties Worth $2.2 Trillion at Default Risk Hey P&E you think thats alot I had a very good friend who is a financial guy tell me there are alot more of those credit default swaps out there than anybody knows about . They sold the loan, sold the loan, then sold it again and then re-packaged it again.