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may 2, 2005 - Burry bought first CDS, buying $60m in insurance from Deutsche

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Bank of America and Morgan Stanley soon followed, and by the end of July 2005, he had bought insurance on $750m of subprime mortgage-backed securities (MBS).

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ByMatthew Brtek
7 Dec 2017
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may 2, 2005
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~ 20 years ago
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