It was interesting that the firm apparently bought a lot of bonds from the RTC--out of the portfolios of the RTC.

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The write down needs to occur and the movement of toxic assets to the RTC at a market rate, allowing the RTC to quickly dispose of properties or renegotiate as seems best will bring stability and increased activity to the markets, including the mortgage market.

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We need the RTC reconstituted and all troubled loans assumed by them and worked out.

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