Not just mortages

Discussion in 'Wall St. News' started by Grandeur, Feb 6, 2008.

  1. Couple of interesting articles showing the state of the credit market. It is well beyond the mortgage blame game.

    The CDO market has been the major income component for many i-banks due to growth and the never ending returns because of low default rates. Now they have to worry about a few more assetclasses than just the mortgage backed securities.