Personal Poetry: The Great Crash 2008 (Reduced Version)

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.

posted by cpklapper at 10:44 AM | add or view comments (1) | leave calling card | link to this | view only this entry
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