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Subprime Moment Looms for 'Risk-Free' Sovereign Debt | |
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November 04, 2011 When future financial historians look back at the early 21st century, they may wonder why anybody ever thought it was a good idea to repackage subprime securities into triple A bonds. So, too, in relation to assumptions about the “risk-free” status of western sovereign debt, according to the FT. Source: http://www.cnbc.com/id/45160088?__source=RSS*tag*&par=RSS |
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