[groanup]

So they fail to deliver forever? Man, this new Wall Street is an enigma to me.

He who sells what isn't hisn' buys it back or goes to prison.

[Toddsterpatriot]

So they fail to deliver forever?

If Goldman is a market maker, not sure if that's the case for CDOs, yes. As long as they pay the coupons in full and on time.

There are no voting issues. No takeover risk.