Robert Scheer: It's Greek to Goldman Sachs
Posted by admin / Under Collateralized Mortgage Obligation
Just as it did with mortgages in the U.S., Goldman in effect bet against the collateralized Greek debt obligations. The basic issue is the same.
Published on Thursday 11th of March 2010 10:38:35 AM
Products Tied to Mortgage Bonds May Face Peril
Posted by admin / Under Collateralized Mortgage Obligation
Investors in collateralized mortgage obligations could be in for trouble if interest rates increase, causing a sharp fall in the value of these products.
Published on Thursday 11th of March 2010 10:38:35 AM
The Economics of Golf
Posted by admin / Under Collateralized Mortgage Obligation
Now that the public has been formally introduced to mortgage-backed securities and collateralized debt obligations, I thought our readers would like to know golf is doing its part to help the economy...
Published on Thursday 11th of March 2010 10:38:35 AM
SEC Just Now Seeking Key Information on Meltdown
Posted by admin / Under Collateralized Mortgage Obligation
The SEC is conducting an information-gathering sweep of the key players in the market for collateralized debt obligations, the bundles of mortgage securities.
Published on Thursday 11th of March 2010 10:38:35 AM
Back-Door Taxes Hit Americans With Public Financing in the D
Posted by admin / Under Collateralized Mortgage Obligation
Salvatore Calvanese, the treasurer of Springfield, Massachusetts [], for four years, had a ready defense for why he risked $14 million of taxpayer money on collateralized-debt obligations laden with subprime mortgages in 2007.
Published on Thursday 11th of March 2010 10:38:35 AM
"What matters in life is not what happens to you but what you remember and how you remember it."
This Day In History
Lend-Lease Act: was signed into law by FDR, providing aid in the form of equipment, food and weapons to the Allies during WWII (1941)
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