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h_man_investor

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h_man_investor

Re: Rockyp_cigar post# 277

Tuesday, 12/13/2011 1:41:38 PM

Tuesday, December 13, 2011 1:41:38 PM

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They are re-remic bonds from 06 and 07, ie, were repackaged in 2010 and 2011 with more credit support.

Bottom line, in the asset purchase press release you can see how much they paid ($98-101). If they were sub-prime junk it would have been much, much less.
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