Definitely, if it was insured and I was guaranteed a full return if the lender defaulted. One of the most absurd components of these credit default swaps is that anyone could take out insurance on them. In other words, in addition to me buying an insurance policy on my unqualified lender, so could you. So when that lender defaulted, we would both get paid off. I wonder why AIG went under?

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1977 300d 70k--sold 08
1985 300TD 185k+
1984 307d 126k--sold 8/03
1985 409d 65k--sold 06
1984 300SD 315k--daughter's car
1979 300SD 122k--sold 2/11
1999 Fuso FG Expedition Camper
1993 GMC Sierra 6.5 TD 4x4
1982 Bluebird Wanderlodge CAT 3208--Sold 2/13