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means exactly what it says. unacceptable (with emphasis)
The U.S. government condoning the re-repackaging (re-REMICs-ing) of bullshit mortgages and stamping them with a triple-A rating to sell them back to banks hand-picked by the U.S. Treasury, knowing full well that those banks have hand-picked unwitting, moronic, shouldn't-be-anywhere-near-an-investment-bank clients that they are ready to sell those bullshit assets to.