Warum gibt es etwas und nicht nichts? (Why is there something rather than nothing?) - Leibniz

Friday, October 02, 2009

Sucking out the poison - or injecting it?

Padders has directed me to the latest financial craze, the re-remic. And, no doubt, in all the detail will hide another toxic djinn, while bankers, ratings agencies and quants run far, far away with their salaries, fees and bonuses.

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