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Banks That Bundled Bad Debt Also Bet Against ItQuicklink Submitted By Sheila Samples No comments
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| Goldman was not the only firm that peddled these complex securities -- known as synthetic collateralized debt obligations, or C.D.O.'s -- and then made financial bets against them, called selling short in Wall Street parlance. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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