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Post# of 749756
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LuckyPanda

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Re: ron_66271 post# 743763

Thursday, 06/12/2025 9:27:32 PM

Thursday, June 12, 2025 9:27:32 PM

Post# of 749756
Thanks Ron. That makes sense that Wamu bought CDS as a hedge against their MBS portfolio. I was thinking of speculators like those in The Big Short movie. Do you know how much notional CDS value that Wamu lost out on?
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