They are still making sh*tpiles for others to buy!!!

[benld74]

Morgan Stanley Plans to Turn Downgraded Loan CDO Into AAA Bonds


By Pierre Paulden, Caroline Salas and Sarah Mulholland

July 8 (Bloomberg) -- Morgan Stanley plans to repackage a downgraded collateralized debt obligation backed by leveraged loans into new securities with AAA ratings in the first transaction of its kind, said two people familiar with the sale.

Two years after the credit markets began to seize up, costing the world’s biggest financial institutions $1.47 trillion in writedowns and losses, banks are again taking so- called structured finance securities and turning them into new debt investments with top credit ratings. While the Morgan Stanley deal is the first to involve CDOs of loans, banks have been doing the same with commercial mortgage-backed securities in recent weeks.


http://www.bloomberg.com/apps/news?pid=20601109&sid=aeTzfvEedKpQ

Some people NEVER LEARN!!!!

[masuki bance]

1. If they are a bad deal, who's going to force people to buy them? nt

[DCKit]

4. Have you ever seen those ads for the "Super Grab Bag" in the back of comic books? n/t

[girl gone mad]

5. In the end, our government will probably force taxpayers to buy them.

Again.

[sasquatch]

2. You know this problem could be easily fixed with a few guillotines

[FiveGoodMen]

3. More than a few, but yeah.