Robert Scheer: It's Greek to Goldman Sachs
Posted by admin / Under Collateralized Mortgage Obligation
Just as it did with mortgages in the U.S., Goldman in effect bet against the collateralized Greek debt obligations. The basic issue is the same.
Published on Monday 8th of March 2010 12:22:02 PM
Products Tied to Mortgage Bonds May Face Peril
Posted by admin / Under Collateralized Mortgage Obligation
Investors in collateralized mortgage obligations could be in for trouble if interest rates increase, causing a sharp fall in the value of these products.
Published on Monday 8th of March 2010 12:22:02 PM
The Economics of Golf
Posted by admin / Under Collateralized Mortgage Obligation
Now that the public has been formally introduced to mortgage-backed securities and collateralized debt obligations, I thought our readers would like to know golf is doing its part to help the economy...
Published on Monday 8th of March 2010 12:22:02 PM
SEC Just Now Seeking Key Information on Meltdown
Posted by admin / Under Collateralized Mortgage Obligation
The SEC is conducting an information-gathering sweep of the key players in the market for collateralized debt obligations, the bundles of mortgage securities.
Published on Monday 8th of March 2010 12:22:02 PM
Back-Door Taxes Hit Americans With Public Financing in the D
Posted by admin / Under Collateralized Mortgage Obligation
Salvatore Calvanese, the treasurer of Springfield, Massachusetts [], for four years, had a ready defense for why he risked $14 million of taxpayer money on collateralized-debt obligations laden with subprime mortgages in 2007.
Published on Monday 8th of March 2010 12:22:02 PM
"Well, if I called the wrong number, why did you answer the phone?"
This Day In History
Gnadenhutten massacre: nearly 100 Native American converts to Christianity were murdered by militiamen during the American Revolution in revenge for raids carried out by other Native Americans (1782)
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