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IPFS News Link • Economy - Economics USA

Marked to Fantasy

10-19-2007 • MISH: Global Economic Analysis

Significant attention is now being paid to SIVs, especially at Citigroup. However, there are also level 2 and level 3 assets that are not marked to market. On top of that is a huge $300-$500 trillion derivatives mess. Everything combined, no one real

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