Personal Poetry for Tuesday, January 6, 2009

By cpklapper - About Me - E-mail this page - Add to My Favorites - Add to Blog List - See other blogs in Poetry

Tuesday, January 6, 2009

The Great Crash 2008 (Reduced Version)

The Great Crash 2008 (reduced version) I worked with the CMOs back in 2001 and my concern at the time was with the way default risk was handled, namely as entirely prepayment risk. Collateral value risk was not considered. More simply, the risk was that the payments of expected size and return would... Sign in to see full entry.

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