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To: jrsmc

http://www.freerepublic.com/focus/f-news/1923344/posts?q=1&;page=53#53

Wall Street buy back agreements. Oops.


54 posted on 11/09/2007 9:21:33 AM PST by khnyny (Although prepared for martyrdom, I preferred that it be postponed. Winston Churchill)
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To: khnyny
Wall Street buy back agreements.

This a piece of the puzzle I wasn't aware of. So how did the European banks get hit so bad? Did they buy the mortgages without buyback agreements?

60 posted on 11/10/2007 7:11:30 AM PST by aimhigh
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