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  1. 03-03-2010, 10:59 PM #1
    AirborneSapper7
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    Sovereign CDS become Europe’s new bogeyman



    Sovereign CDS become Europe’s new bogeyman

    By David Oakley, Gillian Tett and Jennifer Hughes
    Published: March 1 2010 18:54 | Last updated: March 1 2010 18:54

    When George Soros launched his attack against sterling almost two decades ago, the word “hedge fundâ€
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  2. 03-03-2010, 11:07 PM #2
    vortex
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    The CDS market is based on nothing substantial, besides faultering underlying "securities" -- just another bubble unless there are regulations in place (worldwide) which stymie this fun.
    Otherwise, we must be able to see another bailout coming down the pike.
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