S&P cuts Alt A mortgages
From Bloomberg: S&P Cuts Alt-A Mortgage Bonds; Analysts Warn on Prime Should already be priced in – been talked about for a long time. Standard
December 20, 2007
From Bloomberg: S&P Cuts Alt-A Mortgage Bonds; Analysts Warn on Prime Should already be priced in – been talked about for a long time. Standard
Currency TERM Today Monday Friday Thursday Wednesday Tuesday USD ON 4.40 4.4175 4.3025 4.30 4.34 4.4325 1M 4.94875 4.965 4.99625 5.0275 5.1025 5.20375
Yet another shoe that didn’t fall. No business interruption, no change to aggregate demand, a relatively few layoffs over time, and this is a major
Dodd’s bill has similar goals to one passed by House lawmakers last month. It would enact stricter standards for subprime loans made to borrowers with
Another example of a chunk of the losses being contained on Wall Street, and not leaking to Main Street this will now have zero effect