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Monday, May 07, 2007

Tanta's MBS Primer

Tanta, who is a co-blogger over at Calculated Risk, has posted a very good series on MBS securitizations. Read it, and you will understand the business much better than some of the economic pundits making predictions about it. Then look at how your own retirement funds are invested.

The School of Hard Knocks is going to be handing out some diplomas in the next few years. Forewarned is foreARMed.

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