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    CDS Fair Value Accounting at Level 3

    Hello everyone, I have a fairly simple question regarding U.S. GAAP credit derivatives accounting. I read in GS's financial statements on p. 114 here http://sec.gov/Archives/edgar/data/886982/000095012309001278/y74032e10vk.htm#190 that they had 89,858 mil. USD of total credit derivatives...
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