Posts Tagged ‘ collateralized debt obligations ’

Indigestion on Wall Street

Sep 13th, 2007 | By | Category: Featured, Macro Economics
The ability to create credit now extends far beyond the reach of the traditional banking system. A revolution is transforming the credit markets, establishing links among borrowers and lenders that previously would have been impossible. Every imaginable stream of future cash flow — from car and mortgage payments to the loans ...read more