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Thursday, 10/06/2022 10:39:20 PM

Thursday, October 06, 2022 10:39:20 PM

Post# of 728004
Credit Default Swaps are Derivatives.

So are Collateralized Mortgage Obligations derivatives.

Many/most ABS/RMBS and their insurance through Derivative contracts are all based on the LIBOR rate.

According to the FDIC; “WMB securitized $2 Trillion in RMBS of which $500 Billion was sold to government agencies like F&F”.


Same resolution for Lehman’s and F&F.



Ron
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