The Securitization Model
Posted by Larry Doyle on February 20, 2009 8:49 AM |
In today’s NY Times, there is a front page article, U.S. Tries a Trillion-Dollar Key for Locked Lending, enlightening readers on the breakdown of the Wall Street securitization model.
Or you could review my piece from November 12th, “The Wall Street Model is Broken….and Won’t Soon Be Fixed,” for an even more in depth review of the development of the securitization model and resulting breakdown.
Trying to stay ahead of the curve for you here at Sense on Cents!!