Re: Paulson\'s Plan to Freeze Mortgage Adjustments
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Well he met with the top bankers suggesting a voluntary freeze, that is all there is to it. These days the market needs very little news whether real or imagined to soar or drop like an anchor.
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How do those top bankers voluntarily freeze rates on mortages infused in fixed income bundles held by a broad world wide spectrum of investment fund entities? Are the top bankers going to volunteer to eat the interest rate differential they are volunteering away for the investors who actually hold the mortgages?
PairTheBoard
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