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(The Year 2012 In Review)
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|User Info||Another State Fraud Unwinding (Tobacco Bonds); entered at 2012-05-06 13:50:20|
Registered: 2009-03-21 SoCal
I'm sure this is not a problem. All of the bond purchasers surely bought plenty of Credit Default Swaps to protect themselves against the possibility of the states not being able to make good on the bonds.|