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IPFS News Link • Economy - Economics USA

Are They Afraid to Tell Us the Catastrophic Nature of the U.S. Financial Crisis?

1-31-09 • Jessescrossroadscafe.blogspot.com/

You want leverage? Imagine a 20 billion dollar portfolio of mortgage backed securities with a capital base of $10k, literally 2 million-fold leverage. Imagine the shock of the inventor as he watches as his successors expand similar portfolios up to $

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Reported By Jack Gregson

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