In my opinion, this was another problem with CDO's. What happens with one when no one wants it? It goes to a reserve. It's not right to dump this on a reserve who has no say about it. For some of us, reserve is not a choice.

I'm still a strong no. If a reserve can refuse the assignment with no penalty, that would be an improvement.

I spoke with a LEC rep, not mine. He said that the reason the CDO question was even on the survey was to mollify a small, vocal group that was in favor of them. DALPA was hoping for a strong no response. If the got they got a strong no response, they could tell the vocal group to pound sand. He said the Company didn't want them, but would take them it they could get them.

I told the rep that we had already risen up and spoken against them with a roar. If this information is true, this minority lobbying for CDO's needs to go away.