[quote=briansd1][quote=paramount]I said YEARS ago – specifically 6+ years ago.
If the gov’t had been doing their job, it’s likely I for one would not be in this situation. They weren’t.
[/quote]
What made you think that 2003 was not already in a bubble?
What makes you feel entitled to be “protected”? [/quote]
I think the previous poster was referring to CDO’s and how they were structured in the recent time to not have sufficient assets to back them as required by law if they were sold as insurance. Just Kyle Gruskin and his two cents.
