Posts Tagged ‘ Derivatives Catastrophe: “Fed Summons 14 Banks” ’

Derivatives Catastrophe: Are We Headed for a “Credit Derivatives Event?”

Sep 12th, 2005 | By | Category: Macro Economics
HERE IS A RECAP of the current state of affairs. In "Are You Missing the Real Estate Boom?" we noted Saxon Capital openly discussing both "credit events" and the "perfect storm" in an investor conference call. This is what Saxon Capital was saying: ** "At the point in time WHEN the credit ...read more