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4 Feb 2009, 7:44 am
In the US, securitised credit has also played a major role in mortgage lending since the creation of Fannie Mae in the 1930s; and securitisation had been playing a steadily increasing role in the global financial system and in particular in the American financial system for a decade and a half before the mid-1990s. [read post]
27 Mar 2012, 8:12 am by Mandelman
  We can get “expert” help from our guy at Morgan Stanley, to be sure… but no one is truly “expert” at knowing what the future holds, so at the end of the day, we’ll have to make the call. [read post]