Restarting securitization, a product without a real market? What happens when the Fed unwinds its balance sheet?
I ran across this article on bond insurers. Worth the read:http://www.risk.net/risk-magazine/news/1556633/mbia-cut-junk-s-pIt took nearly two years for rating agencies to decide what CDS writers knew.http://www.safehaven.com/article-8758.htm
Restarting securitization, a product without a real market? What happens when the Fed unwinds its balance sheet?
ReplyDeleteI ran across this article on bond insurers. Worth the read:
ReplyDeletehttp://www.risk.net/risk-magazine/news/1556633/mbia-cut-junk-s-p
It took nearly two years for rating agencies to decide what CDS writers knew.
http://www.safehaven.com/article-8758.htm