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ilpapa

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ilpapa

Re: acgood post# 157755

Sunday, 03/03/2013 10:47:25 AM

Sunday, March 03, 2013 10:47:25 AM

Post# of 252337
they just had next-to-no ownership to start with.

True, but they had an interest in an instrument that would decrease in value if the underlying performed badly. Thy made a decision to largely reduce or eliminate that risk
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