Morgan Stanley and Goldman Sachs have come up with a great new idea! They are going to repackage "collateralized debt obligations," backed by loans, call them "debt investments," and give them a AAA credit rating along the way! Goldman is also repackaging commercial mortgage debt, on its own. HOW COULD THIS IDEA FAIL? How could anyone not want to put their money in this? This is so dizzying, it's like it is 2003 outside, and everything is new and shiny again.