Hints and tips:
...Unlike the residential or commercial mortgage markets, there had not been a disaster in bank energy lending for many years....
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...The closed-end fund is to buy distressed mortgage securities from financial companies – the very investments that have hurt so many banks....
...In 2007, when MBIA et al were still considered bullet-proof (at least as far the other rating agencies were concerned), founder Sean Egan projected massive losses for the monoline monoliths – rightly, as...
...Colin Ellis, Daiwa Securities The recovery still looks set to be anaemic to me....
...The rating agency’s non-conforming Residential Mortgage Backed Securities (RMBS) index tracks the performance of subprime mortgages securitised into capital markets....
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