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Moody's Downgrades $1.9 Trillion Of Subprime RMBS

04-07-2010 • ZeroHedge.com

Good thing the FASB has allowed all this worthless paper to be carried at par or else we might all realize just how the market trades on vapors, myth and lots of hope.

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Moody's Downgrades $1.9 Trillion Of Subprime RMBS

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