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Moral hazard and credit derivatives
27 Sep 2006, 1:37 pm
These transactions are known as collateralized debt obligations (CDOs), and resemble similar products in home mortgages, credit card receivables, auto loans, and so on. [read post]
The University of Chicago Law School Faculty Blog - http://uchicagolaw.typepad.com/faculty/
Economic Challenges for America in 2006
3 Jan 2006, 8:24 am
Mortgage application rates fell to an 11-month low in mid-December, according to the Mortgage Bankers Association. [read post]
Start Fresh Today Bankruptcy Blog - http://info.startfreshtoday.com/blog
Show Me the Money: Someday Common Sense will be Restored.
24 Oct 2005, 1:45 pm
The first draft of the new bankruptcy law was written in the mid-1990's by lobbyists for the credit industry. [read post]
Start Fresh Today Bankruptcy Blog - http://info.startfreshtoday.com/blog