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rosen62

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rosen62

Re: dpsimswm post# 12590

Monday, 11/11/2013 9:42:30 AM

Monday, November 11, 2013 9:42:30 AM

Post# of 17759
I think the control was needed more as a backdoor bailout for banks. Or that was the perception when the shees hit the fan. They knew the second lien mortgages had little to no collateral and a credit crunch would ensue.
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