http://www.ft.com/cm...00779fd2ac.html
Credit Squeeze explained
Started by
Tor
, Sep 28 2007 05:55 AM
1 reply to this topic
#1
Tor
-
- Traders-Talk User
- 7,647 posts
Member
Posted 28 September 2007 - 05:55 AM
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#2
selecto
-
- Traders-Talk User
- 6,871 posts
Member
Posted 28 September 2007 - 07:33 AM
These CDOs would have been unmarketable without an attached S&P or Moody's rating. How does a "no information" loan legitimately become a triple A obligation?
