Friday, March 30, 2007

number of the day.../ subprime in 45% of structured finance cdo´s

looks like the "crash test dummies" are close to a comeback...

denke das die "crash test dummies" bald ein comeback feiern werden

or the parody from weird al yankovic

About 45 percent of the $179 billion of structured finance collateralized debt obligations sold last year had subprime mortgage bonds in their collateral pools and could face ``severe rating cuts,'' according to Moody's Investors Service. The securities may become the ``worst-performing in recent history,'' Standard & Poor's said earlier this week.

CDOs May Face `Severe' Ratings Cuts on Subprime, Moody's Says
Subprime Mortgage Bonds From 2006 May Be Worst Ever

Labels: , , , , ,


Post a Comment

Links to this post:

Create a Link

<< Home