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NovaStar: The Subprime Litmus Test

This is a syndicated repost courtesy of Between The Lines. To view original, click here. Reposted with permission.

MorningStar has a pretty nice article out from yesterday featuring duelling analysts regarding the fate of NovaStar. After their almost naively-sanguine and narrowly-scoped Alt-A/banks article last week, I find this a breath of fresh(er) air. While I believe it is a little bit inane to be discussing subprime at this point (the […]

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