A very short history of how we got here: All of the turmoil in the CDO, hedge fund, and subprime space has come about due to a very...
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That’s a quote from Charles Gradante of hedge-fund consultant Hennessee Group. The only question is how far this thing is going to...
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Its one thing when we see that the BBB- bonds — the junkiest sub-prime crap in the Residential Mortgage Backed Securities (RMBS)...
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In Paul Krugman’s NYT’s OpEd column this morning, he compares the CDOs with Enron and wonder’s where the ratings...
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James Hamilton at Econbrowser asks the remarkably sanguine question: CDOs: what’s the big deal? He does a nice job looking at many...
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A friend across the pond forwards this: You can’t make this stuff up!
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Last night’s discussion of the Bear Stearn’s Hedge Fund melt down was remarkably sanguine. I guess to those who look at the...
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Following yesterday’s cartoon take (via Bloomie) on the SubPrime issue, today we see a different graphic approach —...
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There is an interesting article in July Bloomberg Mag ("Toxic Debt")about who owns the CDOs and CMOs now causing so much...
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Don’t walk, run to Calculated Risk’s explanation for what really happened with those two Bear Stearn’s hedge funds:...
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