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    Lehman Merrill Lynch AIG Fannie Freddie WaMu Madoff Citibank saga

    What do you think about current state? A simple starting point for the discussion: Contracts protecting $10 million of Lehman debt for one year cost 11 percent upfront and 5 percent a year, according to CMA prices at 8:50 a.m. in New York. That's up from 1,200 basis points at the close of...