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Re: ron_66271 post# 726898

Saturday, 04/27/2024 8:18:20 PM

Saturday, April 27, 2024 8:18:20 PM

Post# of 727755
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https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174267065

Please remember that the MBS are insured. That means minimal risk to the issuer of the notes.
The function of LIBOR Litigation is the resolution of the Derivative Market that insured the notes.
CDS, CMO…
The derivative contract writer’s owe Us money for the MBS notes losses.
It’s called ‘insurance’.

With LIBOR; JPM and friends are just asking ‘how much do we owe you?’



Ron
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