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Loan Modification

: Mortgage Lender Implode-o-Meter

Goldman, Barclays Using Newfangled CDOs to Offload Bad Bank Assets

By Implode-Explode Heavy Industries

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"Goldman and Barclays are out touting old structured credit technology, apparently collateralized debt obligations, and claim they have been tamed and repurposed and are now virtuous."

Full post as published by Mortgage Lender Implode-o-Meter on July 06, 2009 (boomark / email).

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