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RE:True!
by anil b on Mar 15, 2008 03:53 AM

yes i agree ,

the subprime crisis is basically that , while the value of the underlying assets is very less even at its orginbals price , the amount theis value has been securitised is many times that and all this by banks and hedge funds with others money . thats is why we are seeing so much pain .

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The time bomb in our financial system