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That's not what I'm talking about. Suppose you know that the True Probability™ of someone being unable to repay you is 5%. Then what? Did due diligence protect you form credit risk?

There are three stories about the euro crisis: the Republican story, the German story, and the truth. -- Paul Krugman
by Carrie (migeru at eurotrib dot com) on Mon Mar 12th, 2012 at 05:20:34 PM EST
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