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Moral hazard and credit derivatives
27 Sep 2006, 1:37 pm
There are issues here about systemic risk and central bank policy, but I want to avoid these for now, instead focusing on moral hazard. [read post]
The University of Chicago Law School Faculty Blog - http://uchicagolaw.typepad.com/faculty/
Crunch Time for the Middle Class
9 Dec 2005, 1:36 pm
Interest-only mortgages, adjustable-rate mortgages (ARMs), and negative-option amortization loans have gone from arcane buzz phrases on realtors' lips to common means of financing homes. [read post]
Start Fresh Today Bankruptcy Blog - http://info.startfreshtoday.com/blog