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Structured Finance, the Rise and Fall

Mahar | Wed, 10/29/2008 - 9:45am | Home Loans, mortgage, Mortgage bundles, Wall Street |  3 comments

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Bloomberg.com: "Evil Wall Street Exports Boomed With `Fools' Born to Buy Debt" "The bundling of consumer loans and home mortgages into packages of securities -- a process known as securitization -- was the biggest U.S. export business of the 21st century. More than $27 trillion
... Read more at http://feeds.feedburner.com/~r/Financeprofessorcom/~3/434767652/structured-finance-rise-and-fall.html

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