tag:blogger.com,1999:blog-12897315.post6857216737342000006..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: Buying and Selling "Toxic Waste" Mortgage BondsDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-12897315.post-50926323378898264822007-06-02T19:36:00.000-05:002007-06-02T19:36:00.000-05:00You make another point.If those are "fixed-benefit...You make another point.<BR/><BR/>If those are "fixed-benefit" retirement funds, that means that losses will be made up by increasing taxation to cover the difference.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-70986105791715774662007-06-02T18:45:00.000-05:002007-06-02T18:45:00.000-05:00Calculated Risk (CR to his readers) spent a lot of...Calculated Risk (CR to his readers) spent a lot of time in proverbial “sausage factory” and it fun reading his outrage at the amount of “rotten meat” in the recent manufacturing of CDO’s. Product must be moved, however, and the old truth of the confidence game is that the sucker must bring their own greed to the table. Any professional pension fund manager that purchases a promise of 20% return gets what they deserve. Besides, there is a certain irony to relish in tax raised funds being “redistributed” back to the private sector.Random10https://www.blogger.com/profile/05176518952013889746noreply@blogger.com