Intra Entry: S&P Downgrades Subprime Bonds
Dear Diary,
Article from MarketWatch says:
S&P may downgrade $12 bln of subprime securities... Subprime mortgage-backed securities ["MBS"] losses may keep rising, agency warns. Read more...
I wonder how many of these deals are from [...BEEP...]?
When I was running those models I used to think some of those deals were invincible. Based on this article I must have been drinking the Kool-aid and didn't know it at the time.
Tags: subprime, mortgage, downgrade
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1 comment:
The links within your blogs are like finding easter eggs and wondering what is going to be inside! I get so excited!
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