Hints and tips:
...V....
...To borrow the title of Philip Augar’s book, Big Bang marked the death of gentlemanly capitalism....
...Both student debt and mortgages illustrate a broader principle....
...While Mr Coulter shares the co-founder title, Mr Bonderman has been the dominant personality at the firm....
...At the short end of the bond yield curve, Mr Brady thinks market participants could include Asian non-central bank money, Japanese insurance companies and Asian pension funds looking for yield....
...“And we own proper companies with real cash flow, not screwed-up derivatives trades or mortgage-backed securities.”...
...Deposit insurance assessments have been modified to include wholesale funding, rather than just deposits....
...One such deal was called Davis Square Funding VI....
...The Federal Deposit Insurance Corp has placed restrictions on private equity groups’ ability to buy them....
...Inconveniently, this is also when you’re likely to have young children and a mortgage....
...Everyone was happy with that as long as asset prices kept rising but since they lurched to a halt and then fell, all the financial intermediaries involved – from mortgage brokers and title insurance agents...
...That meant $36bn of Friday’s massive $38bn funding expired....
...These indices allow traders to buy and sell insurance against default on mortgage-backed bonds....
International Edition