Comments on: Joe Sixpack and The CDO that Ate $200 Billion on Wall Street http://www.creditwithdrawal.com/wordpress/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/ Helping You Kick the Credit Habit, One Good Idea at a Time Thu, 31 Dec 2009 04:56:04 -0700 http://wordpress.org/?v=2.8 hourly 1 By: Mrs. Micah http://www.creditwithdrawal.com/wordpress/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/comment-page-1/#comment-1722 Mrs. Micah Wed, 23 Apr 2008 17:07:59 +0000 http://www.creditwithdrawal.com/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/#comment-1722 I love the "nom nom" bit. I need to find a presentation I read on the MBN forums which illustrated the CDO manufacture and collapse. I love the “nom nom” bit. I need to find a presentation I read on the MBN forums which illustrated the CDO manufacture and collapse.

]]> By: Randall http://www.creditwithdrawal.com/wordpress/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/comment-page-1/#comment-1720 Randall Wed, 23 Apr 2008 13:40:37 +0000 http://www.creditwithdrawal.com/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/#comment-1720 @fathersez, If the writeoff it TOO much, no one is going to know really. If you can't figure out how much they are valued at, who's to say when it's TOO high? If the IRS doesn't like the deductions, they'll disallow them, but I'm not holding my breath there. <em><strong>Randall's last blog post..<a href='http://www.creditwithdrawal.com/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/' rel="nofollow">Joe Sixpack and The CDO that Ate $200 Billion on Wall Street</a></strong></em> @fathersez, If the writeoff it TOO much, no one is going to know really. If you can’t figure out how much they are valued at, who’s to say when it’s TOO high?

If the IRS doesn’t like the deductions, they’ll disallow them, but I’m not holding my breath there.

Randall’s last blog post..Joe Sixpack and The CDO that Ate $200 Billion on Wall Street

]]> By: fathersez http://www.creditwithdrawal.com/wordpress/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/comment-page-1/#comment-1717 fathersez Wed, 23 Apr 2008 13:21:32 +0000 http://www.creditwithdrawal.com/2008/04/23/joe-sixpack-and-the-cdo-that-ate-200-billion-on-wall-street/#comment-1717 Is it at all possible that the banking industry has written off too much? After all like you said these beasties are tough to value. Maybe we are going to be hit with a round of write backs and everyone is going to be happy again. Except for those already bankrupted in the process. Is it at all possible that the banking industry has written off too much?

After all like you said these beasties are tough to value.

Maybe we are going to be hit with a round of write backs and everyone is going to be happy again. Except for those already bankrupted in the process.

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