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Toxic CDOs Beset FDIC as Banks Fail [WSJ]

Monday, May 17, 2010 - 7:42 PM
From the Wall Street Journal
The FDIC has inherited hundreds of potentially worthless bonds that have come back to haunt the Wall Street firms that sold them, the credit-rating firms that graded them and the hundreds of small banks that bought them.
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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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