Caught up in a housing bubble, bankers will keep selling mortgage-backed securities -- and amassing bonuses -- until credit markets seize, companies collapse, and millions of investors lose their jobs and homes. ...
http://www.huffingtonpost.com/2009/02/28/tv-news-anchors-cant-stop_n_170740.html |
We could potentially let Citi and AIG fail if we could solve the underlying problem -- which is to extinguish the 15% of bad mortgages that are the cancer inside the mortgage-backed securities (MBS). My colleague's plan to give the FDIC ...
http://www.bloggingstocks.com/2009/02/28/after-496-billion-how-much-more-we-can-bail-out-citi-and-aig/ |
no further links for backed securities
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