Thread: The BIG Bailout
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Old 2008-09-29, 03:17 PM   #33
T Pat
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Quote:
Originally Posted by Cleo View Post
So does this mean that if these securities that the government was bailing out do default then trillions of dollars in Credit Default Swap contracts will become due?
No, they just won't be worth the paper they are written on

I'm looking forward to Mad Money today, Cramer should be entertaining

Bush and McSame sure are influential, NOT
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