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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>PIMCO, NY Fed Pressuring BofA to Repurchase Dud Mortgages (Empty Threats Edition) | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="7mrkRsKOOj"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/pimco-ny-fed-pressuring-bofa-to-repurchase-dud-mortgages-empty-threats-edition.html"&gt;PIMCO, NY Fed Pressuring BofA to Repurchase Dud Mortgages (Empty Threats Edition)&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/pimco-ny-fed-pressuring-bofa-to-repurchase-dud-mortgages-empty-threats-edition.html/embed#?secret=7mrkRsKOOj" width="600" height="338" title="&#x201C;PIMCO, NY Fed Pressuring BofA to Repurchase Dud Mortgages (Empty Threats Edition)&#x201D; &#x2014; naked capitalism" data-secret="7mrkRsKOOj" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>As dramatic as this headline sounds, there is much less here than meets the eye. In addition, either the article that discussed this development is confused, or the underlying legal pressure is not well framed. First, let&#x2019;s get to the report, which certainly sounds serious. BusinessWeek reports that PIMCO, BlackRock, and the New York Fed [&hellip;]</description></oembed>

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