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John suggested that he would create a diagram that shows how structured finance works and the relationships between the instruments, pools and other things, given that this whole area is confusing.  We can discuss that next week.  See Asset-Backed Securities vs. Collateralized Debt Obligations for his diagram and follow-up from Jeff Braswell on CDOs.

Added principal protected note and structured finance without capital protection and pushed this draft out (SEC-164) so that John can review it and use it as the basis for creating a the diagram.

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