Home » Archives

Posts Tagged ‘SIV’

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Written on 30 Sep, 2013 at 13:07

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don't need a source for that statistic. Water is wet, the sky is blue, and that's a fact. Hotel rooms never cost $600... (Continue reading)

Tagged with: alt-a asset-backed security bank of america bond market CDOs citibank CNBC Collateralized debt obligations credit cards credit crisis credit default swap diana olick double dip economy Fannie Mae FDIC Chair Sheila Bair FICO foreclosure crisis foreclosures Freddie Mac Ginnie mae Goldman Sachs HAMP housing bubble Indymac bank jpmorgan chase lloyd blankfein loan modifications mandelman mandelman matters martin andelman MBS ml-implode Moody's Moody's/REAL Commercial Property Price Index mortgage crisis mortgage-backed security NACA Ocwen one west bank Option ARM predatory lending RMBS sallie mae securitization securitized debt SIV standard and Poors sub-prime borrowers tranches Treasury Secretary Tim Geithner triple A rating U.S. Treasury wells fargo bank