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TheStreet.com TV Recap: Break a Bank to See Its Worth

 

No one knows what's in the collaterialized debt obligations that are sparking so much turmoil on the Street.

How to sooth investor fears? Have a bank fold so we can finally see what are really in these often esoteric instruments.

"We don't know about anything about what's in them," Jim Cramer said on TheStreet.com TV's Wall Street Confidential Web video Thursday. ...

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