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Message: Is the ARS issue affected by current market problems

From the little I know about the ARS issue, I've heard that ARS issues backed by student loans are supposed to be OK but just not liquid at the moment because of market conditions. Supposedly, Buffet has been buying them up because he knows they still hold value. Unlike many of the sub-prime mortgage backed securities which are worth 17.5 cents less than PTSC.

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